Neha Patil (Editor)

Diamond Infosystems

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Traded as
  
BSE: 530801

Area served
  
Worldwide

Founded
  
9 March 1993

Founder
  
Sumit Bhatnagar (MD)

Headquarters
  
India

Type
  
Public limited company

Industry
  
IT services, IT consulting

Key people
  
Amit Bhatnagar S. N. Bhatnagar Nivedita Pandya

Services
  
IT, business consulting and outsourcing services

Stock price
  
530801 (BOM) ₹ 2.26 +0.09 (+4.15%)6 Mar, 3:30 PM IST - Disclaimer

Diamond Infosystems is a PLC incorporated in India in March 1993. It is an IT firm associated with the Diamond Group also known as Essen group of industries, with turnover of Rs. 2000 Crore. Headquartered in Vadodara, India.

Contents

Business Partners with Microsoft Dynamics NAV, AX and SAP B1–providing full lifecycle services around various flavors including Consulting, Implementation, Maintenance, Migration and Upgradation.

History

1993 N.B.FC company(Non Banking Finance Company) into leasing and finance of Loans.

1998 Incorporated infrastructure management services by acquiring Business Division from Diamond Projects

1999 Change in Business Object N. B. F. C. To I. T.

2000 1st SAP R/3 Implementation

2001 1st B2b Web portal (www.indiaelectricmarket.com)

2003 Joint hands with Microsoft for Navision solution center

2004 Microsoft Certified Partner for Dynamics

2006 Partnership with Dell / HP / Symantec

2008 SAP Channel Partnership

2015 Launched its hosting business under the name moveviral.com

Revenue

Diamond Infosystems Ltd. key Products/Revenue Segments include Computer Software which contributed Rs 295.00 Cr to Sales Value (98.85% of Total Sales), Sale of services which contributed Rs 3.41 Cr to Sales Value (1.14% of Total Sales), for the year ending 31-Mar-2015.

For the quarter ended 30-Sep-2015, the company has reported a Standalone sales of Rs. 65.23 Cr., down -4.09% from last quarter Sales of Rs. 68.01 Cr. and down -43.20% from last year same quarter Sales of Rs. 114.85 Cr. Company has reported net profit after tax of Rs. 0.12 Cr. in latest quarter.

References

Diamond Infosystems Wikipedia