Ontrack Systems registers 53.8 per cent growth in export sales

By Our Corporate Bureau | 05 Jul 2004

1
Mumbai: Ontrack Systems Limited, an IT Services company, has closed the financial year 2003-04 with higher revenue of Rs. 244.03 million compared with Rs 166.36 million in 2002-03 registering a growth of 46.68%. The Company''s export sales accounted for 80% of the gross revenue for 2003-04. OSL''s domestic business registered about 23 percent growth over previous year.

On the export front, the company has registered 54% growth through its wholly owned subsidiaries in UK and UAE. With the set up of the Ontrack Holland and partnerships in the SAARC countries, the company now plans to explore newer markets with its various offerings.

 

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