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Strategies & Market Trends : India Coffee House
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To: Mohan Marette who wrote (3436)12/25/1998 2:33:00 PM
From: Mohan Marette  Read Replies (1) of 12475
 
<Indian Stock Market>Inside PENTAFOUR Software.(Corporate Review)

In Six quick years, Pentafour Software & Exports has catapulted into the rarefied echelons of India's software industry. Its business portfolio reads like it wants to dominate everything in the information technology (IT) arena. The Rs 290 crore Chennai-based company has a finger in every pie -- software consulting, multimedia, the Internet and now, through an associate company, it's entering Web TV. It even has its own compact disc (CD) plant. "We've established ourselves as a premier company in our field," says Pentafour managing director V. Chandrasekaran.

On the face of it, the 47-year-old Chandrasekaran has good reason to gloat. A couple of months back, he declared Pentafour's half-yearly results: revenues had grown 60%, outpacing the software industry, and profits had shot up by over 35%. That wasn't all. Chandrasekaran excitedly announced that Pentafour's order book was stuffed with assignments worth nearly $190 million and that its multimedia division was nearly completing work on its plum project -- production of the world's first real-time 3-D animation film, Sinbad: Beyond the Veil of Mists for a Hollywood studio......
businessworldindia.com

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