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Netvista Information Technology Limited
Sector:IT IT - Software - Small/Medium
Market Lot: 1Face Value: 10ISIN Demat: INE738A01017
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Business Profile
Netvista Information Technology (KRAINDUS) focuses on systems software networking and integration. In the year 2005, the company decided to engage aggressively into BPO activities especially in the area of e-publishing. The decision to enter into this new area of business will provide IT enablement of various government to business processes. Knowledge Initiative (KI) is a company initiative that endeavors to bridge the information and knowledge gap among technical associates, project managers, account managers, pre-sales teams, and business development associates by building the necessary hard and soft infrastructure for effective knowledge capture and reuse. Key-Window is a company knowledge networking portal along with a set of innovative delivery mechanism developed by KI. It is a proven framework for sharing and leveraging the knowledge available within and outside the organization.

The company disclosed fall of 5,775.00% in standalone net profit on y-o-y basis to Rs 1.14 million, while total income fell 83.68% y-o-y basis to Rs 0.20 million for the quarter ended March 2013.

Recent Developments
Netvista Information Technology announced that the board of directors of the company at has approved the scheme of arrangement between Gir Nature view Resorts and Netvista Ventures (Formerly Netvista Information Technology) that includes reduction of capital of Netvista Ventures by 90% and merger of GNVL into NVL.

Netvista Information Technology announced that the board of directors of the company at its meeting held on June 28, 2013,

Future Plans
The company is making continuous efforts to explore new foreign markets and enlarge its share in the existing markets for export of software. In the forthcoming years, Netvista will be taking up more projects in the areas of back office operations for banks and financial institutions, healthcare companies, and logistic companies.

In Brief

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