At TransWorks, the business revenues have grown significantly by 82 per cent at Rs. 38.03 crore vis-à-vis Rs. 20.88 crore in the corresponding quarter of the previous year. With the increase in business from existing clients and the increase in headcount to 3,449, the seat utilisation has improved. The company is striving to further augment its client base and improve its seat utilisation.
At PSI Data Systems, the business has maintained EBITDA with improved margins, on lower revenues. Revenues stood at Rs. 17.32 crore. The company focus on core verticals with greater thrust on high margin business continues.
Going forward Madura Garments will focus on retail expansion, optimising cost and brand transformation.
VFY's thrust on improving quality will continue. It is expected to benefit from the buoyant chlor-alkali segment through utilising the recently expanded caustic soda capacity.
Carbon Black will push volumes in domestic market and expedite the proposed expansion of 50,000 tpa at Gummidipoondi.
Textiles will gain from its focus on niche areas and a positive textile environment post WTO.
The insulator JV will continue to focus on higher value products and yield improved performance.
Life insurance emphasis is on strengthening its product portfolio and providing superior returns.
BPO is geared to up its performance through acquiring new clients and enhancing its service quality excellence for existing clients.
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