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ET NOW’s Live and Exclusive Interview with Mr. Shastri, the Managing Director of Intense Technologies Ltd. – Market Trends and Growth Opportunities.

30 Nov 2016
Hyderabad, India

Hyderabad–November 30, 2016 - ET NOW’s Live and Exclusive Interview with Mr. Shastri, the Managing Director of Intense Technologies Ltd. – Market Trends and Growth Opportunities.

ET NOW is a 24-hour English business news channel in India, owned and operated by the Times Group. Economists and corporate experts discuss general macroeconomic trends and present a fundamental view on the market in the Market Sense show.

Based on the financial performance of last quarter, Mr. Shastri, our Founder and Managing director was requested by ET NOW to share his inputs on the Market Sense anchored by Tanvir Gill and Avanne Dubash.

Based on the financial performance of last quarter, Mr. Shastri, our Founder and Managing director was requested by ET NOW to share his inputs on the Market Sense anchored by Tanvir Gill and Avanne Dubash.

Intense Technologies sets new financial milestone. In Q2 FY17, Intense has registered a growth of 176.86% on Y-o-Y basis. EBITDA stood strong, higher by 276.38% on Y-o-Y basis. The robust growth emanates from an accelerated adoption of our smart enterprise platform. Our business is in scale-up mode, UniServeTM established as de facto digitalisation platform for major telecoms.

  • Mr. Shastri said that consolidation in the telecom industry is inevitable, and is creating many digital transformation opportunities to players like us.
  • The $25mn managed services agreement is a long term engagement spanning over six years. We expect revenues to start flowing in the last quarter of FY17.
  • Europe and the US contribute 90% of IT revenues. And our foray into North American market will help us establish the value proposition of our solutions.
  • Going forward, it will be definitely better than the 21% CAGR due to the traction that we are seeing in the global markets.

ET NOW has mentioned Intense Technologies as market leader in telecom document management space and customer communications management. We are happy about the progress and continue striving to maintain the leadership.