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technvision ventures ltd (501421) Details

TechNVision Ventures Limited, through its subsidiaries, provides a range of software products for enterprise data, cash flow, and talent management in India and internationally. The company develops enterprise data management solutions, including information lifecycle management, application portfolio management, and application testing. Its Enterprise Data Management Suite enables organizations to implement database archiving, test data management, data masking, and application retirement across enterprise data. The company also offers technology solutions comprising enterprise cash flow management solutions to transform, automate, and optimize cash flow processes, such as receivables management solution that enables enterprise to drive working capital efficiency on order-to-cash processes. Its order-to-cash solutions include credit analytics, receivables analytics, cash flow forecasting, credit management, portfolio management, collections management, deductions management, and customer financials products. In addition, the company provides talent management solutions and services consisting of On Demand recruitment process outsourcing services for companies in hi-tech, engineering, medical, pharmaceutical, banking, and financial services. Its talent management solutions comprise Recruitsharp that automates, streamlines, and simplifies various facets of the recruitment process; SourceSharp, which offers job board to emerging companies and entrepreneurs; and hotlist.net, a hotlists portal that gives consulting services organizations the access, reach, and search capabilities necessary to double their revenues. The company was formerly known as Solix Technologies Limited and changed its name to TechNVision Ventures Limited in September 2012. The company was incorporated in 1980 and is based in Secunderabad, India. TechNVision Ventures Limited is a subsidiary of Tiebeam Technologies India Pvt. Ltd.

Founded in 1980

technvision ventures ltd (501421) Top Compensated Officers

Managing Director and Director
Total Annual Compensation: --
Compliance Officer and Executive Director
Total Annual Compensation: 42.6K
Compensation as of Fiscal Year 2013.

technvision ventures ltd (501421) Key Developments

TechNVision Ventures Limited, Board Meeting, Jul 25, 2014

TechNVision Ventures Limited, Board Meeting, Jul 25, 2014. Agenda: To consider quarterly results.

TechNVision Ventures Limited Announces Executive Changes

TechNVision Ventures Limited announced that the company have accepted the resignation of company secretary & compliance officer of the company, Mr. Sulabh Mishra. Accordingly, the company acknowledged the resignation given by him on June 11, 2014. Further, Mrs. T. Geetanjali, executive director of the company shall act as compliance officer of the company, till such time the company appoints a new company secretary.

TechNVision Ventures Limited Reports Unaudited Standalone and Consolidated Earnings Results for the Third Quarter and Year to Date Ended December 31, 2013

TechNVision Ventures Limited reported unaudited standalone and consolidated earnings results for the third quarter and year to date ended December 31, 2013. For the quarter, on standalone basis, the company reported net sales/income from operations of INR 6.520 million compared to INR 7.401 million a year ago. Loss from operations before other income, finance cost and exceptional items were INR 4.011 million compared to INR 0.096 million a year ago. Loss from ordinary activities before tax was INR 1.222 million compared to INR 0.454 million a year ago. Net loss was INR 0.106 million or INR 0.02 per basic and diluted share before and after extraordinary items compared to INR 0.464 million or INR 0.07 per basic and diluted share before and after extraordinary items a year ago. For the year to date, on standalone basis, the company reported net sales/income from operations of INR 34.215 million compared to INR 32.373 million a year ago. Profit from operations before other income, finance cost and exceptional items were INR 2.556 million compared to INR 0.647 million a year ago. Profit from ordinary activities before tax was INR 2.535 million compared to INR 0.286 million a year ago. Net profit was INR 1.362 million or INR 0.22 per basic and diluted share before and after extraordinary items compared to net income of INR 0.261 million or INR 0.04 per basic and diluted share before and after extraordinary items a year ago. For the quarter, on consolidated basis, the company reported net sales/income from operations of INR 154.986 million compared to INR 50.625 million a year ago. Profit from operations before other income, finance cost and exceptional items were INR 3.729 million compared to INR 2.191 million a year ago. Profit from ordinary activities before tax was INR 6.148 million compared to INR 1.071 million a year ago. Net profit was INR 6.983 million or INR 0.80 per basic and diluted share before and after extraordinary items compared to INR 1.071 million or INR 0.05 per basic and diluted share before and after extraordinary items a year ago. For the year to date, on consolidated basis, the company reported net sales/income from operations of INR 310.081 million compared to INR 171.177 million a year ago. Profit from operations before other income, finance cost and exceptional items were INR 41.131 million compared to loss from operations before other income, finance cost and exceptional items of INR 0.691 million a year ago. Profit from ordinary activities before tax was INR 40.103 million compared to loss from ordinary activities before tax of INR 2.489 million a year ago. Net profit was INR 37.921 million or INR 4.47 per basic and diluted share before and after extraordinary items compared to net loss of INR 2.892 million or INR 0.27 per basic and diluted share before and after extraordinary items a year ago.

 

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