Polaris Software Business Updates

Polaris Software Lab Ltd has announced the following:

Mr. Arun Jain, CEO & Chairman, of the Company, said, "Continuing the strategic journey with a rich account landscape of 14 AAA, 12 AA and 24 A customer relationships, gives us the greater confidence of sustaining the momentum in the coming quarters."

Mr. Arup Gupta, Chief Operating Officer, of the Company, said, "Today we have well differentiated IP led services offerings and we have put in place an enhanced sales force that is well integrated with the delivery engine. This gives us the confidence to grow the revenues by 5-7% in the coming quarter."

Business Highlights

1. Polaris launched first-of-its-kind Banking & Application Certification Center in Belfast Northern Ireland, UK to provide specialized application certification (testing) services for existing & potential customers in Europe.
2. Partnership with a leading System Integrator in Nordic led to three wins in Denmark.
3. Entered into 3 major Financial Institutions in Europe.
4. 5 significant wins through Intellect led sales and signed 12 new customer relationships.

Source : Equity Bulls

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