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Vama Industries Limited Earnings Release 2020

Nov 12, 2020

61980_rns_2020-11-12_a887d226-f05d-47d0-bd00-01aba8ab35f0.pdf

Earnings Release

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VAMA INDUSTRIES LIMITED S

Registered Office: Ground Floor, 8-2-248/1/7/78/12, 13, Block -A, Lakshmi Towers, Nagarjuna Hills, Punjagutta, Hyderabad - 500 082, Telangana, India. Ph : +91-40-6684 5534, 6661 9919, 6661 5534, Fax: +91-40-2335 5821. CIN: L72200TG1985PLC041126, E-mail: [email protected], Website: www.vamaind.com

Date: ri" November, 2020

To The Corporate Relations Department BSE Limited PhirozeJeejebhoy Towers Dalal Street, Mumbai - 400 001

Dear Sir,

Sub: Press release

Please find the press release titled"Vama Industries Announces Q2 Results with more earnings than previous fiscal"

The press release will also be hosted on the Company's website, at www.vamaind.com

This is for your information and records

Thanking you,

Yours faithfully,

For Varna Industries Limited

~ Ate-1,~-f-A L 1t;7

V. Atchyuta Rama Raju Managing Director

Varna Industries Announces Q2 Results with more earnings than previous fiscal

Varna expanding into HPC and Cloud Services

Hyderabad, November 11th 2020: VAMA Industries Limited, Hyderabad-based IT Infrastructure and ITes Company today announced its Un-audited financial results for the Quarter-2 of the current financial year. The company has earned Rs. 1.03 crores more profits than what it has earned in comparison to the Second quarter of last fiscal.

Commenting on the results, Mr Rama Raju V A, Chairman & Managing Director, Varna Industries Ltd. said, "We are expanding into the latest technologies like High Performing Computing Services and Cloud Services which are in high demand worldwide and in India too. These two are specialised areas. We have already done some projects in Cloud. These two have tremendous growth prospects in the future."

Particulars (in Rs Lakhs)
Consolidated Consolidated
Quarter ended
September
30,2020
Quarter ended
September
30,2019
September
30,2020
Half Year ended Half Year ended
September
30,2019
SALES 1,169.96 967.33 1,626.00 2,055.21
EBIDTA 251.00 148.62 285.77 307.11
NET PROFIT 168.25 65.10 154.69 125.27
EPS 0.32 0.12 0.29 0.24

About VAMA Industries Limited:

VAMA Industries Limited is a public limited Company listed on Bombay Stock Exchange (BSE). The company is an ISO 9001:2008 Certified organization. The Company has registered office at Hyderabad.VAMA is registered with Software Technologies Parks of India (STPI) to meet the global requirements. VAMA is also registered with National Small Scale Industries Corporation (NSIC) and MSME registered Company.

Varna has Wholly Owned 100% Subsidiary Company in Singapore with the name "Varna Technologies Pte. Ltd".

Engineering Services Division:

This division works on Engineering Design & Development services to Automotive, Mechanical, Aerospace, Heavy Engineering, Oil and Natural gas verticals. VAMA has offshore delivery center for North American customers for over 15 Years.

VAMA is a niche market player in product design and development in addition to the Mechanical CAD and CAE services. VAMA has the capability to assist in any phase of product design and

development. Customers of VAMA are reputed North American companies and some of the customers are fortune 500 companies.

System Integration Division:

VAMA has a very good presence in the Central Government organisations. This division provides the following services:

  • High Performance Computing Cluster (HPCC)
  • CPU-GPU hybrid Clusters
  • Data Center Engineering Build
  • Data Center IT Infrastructure and Application Software Support
  • Campus Area Networks includes WAN and LAN
  • Enterprise Storage Solution
  • Enterprise LDAP, DC, ADC, Web, Mail, Database and Antivirus Solutions, Backup & Data Protection
  • Firewalling and Network Security
  • Facility Management (Turn Key Projects and AMC's)
  • Sales and support of Enterprise Solutions

Networking Services Offered:

The company is focused on offering Turnkey solutions which include Network integration, Consultancy, Solution Design and Budgeting for Servers and Storage. Our solutions offered are:

  • Network Design and Architecture.
  • Network Administration and Management.
  • IT Infrastructure Development and Wireless solutions
  • Network Security Auditing and Assessment.

Onsite support

Up-gradation and re design of existing Network Infrastructure

VAMA works on customer requirements to securely converge data, voice, and video networks in order to enable intelligent network infrastructures. We can deploy mobility solutions by using technologies such as virtual private networks (VPN), video and voice over IP (VoIP), Fiber Optic Networking, content delivery networks and storage networking.

Our long-standing relationship and expertise in multi-vendor technologies assists us to provide the appropriate solution to clients. We are able to leverage emerging advances in IP convergence, optical, security, wireless and intelligent networking to quickly deliver proven, flexible, and reliable Solutions.

Facility Management Services (FMS):

We are offering Facility Management Services (FMS) to the clients for maintaining their IT Equipment. We have deputed on site engineers to support their regular maintenance requirements at ISRO Labs, Central Government organisation.

For media, pl contact: Giri - PR Sutra @ 9963445785