ForImmediateRelease

BlueStarInfotechAnnouncesQ2FY201516Results

MUMBAI,INDIAOCTOBER19,2015BlueStarInfotechLimited(BSIL),theDigitalTransformation
andSoftwareProductEngineeringCompany,todaydeclareditsQ2resultsforFY201516.

FINANCIALHIGHLIGHTS

Forthequarterended30thSeptember,2015:

NetProfitstoodatRs.619Lakhs(QoQdeclineby15%,YoYgrowthby9%)

TotalRevenuestoodatRs.7,417Lakhs(YoYgrowthby16%)

BSILsstrategyofstreamliningthebusinessactivitieshashelpedinsustainingtherevenuestreamsinthe
quarterended30thSeptember2015.Therevenueshaveslightlydiminishedcomparedtolastquarterwith
some challenges on the profitability front arising out of ongoing vendor consolidation and economy
relatedfactors.

KEYHIGHLIGHTS

Someofthesignificantbusinessactivitiesforthequarterinclude:

BSILisstrengtheningrelationshipswithexistingcustomersandisfocussedondeveloping
strategiclargeaccountswhichwillpavethegrowthpathinthelongrun

Thecompanyswitnessedenhancedactivitiesinkeystrategicaccounts

Mr.SunilBhatia,CEO&MD,BlueStarInfotechLtd.,saidWearepleasedtoannouncetheQ2
resultsFY201516.BSILcontinuestofocusonitscoreverticalsandkeygeographies.Althoughthe
companyfacedsomechallengesowingtomarketrelatedtrends,BSILisfocussedonbuildingonthe

momentum.

AboutBlueStarInfotechLtd
BlueStarInfotechLimited(www.bsil.com),adigitaltransformationconsultingandservicescompany,
combinesthebestofengineering,creativityandtechnologytodeliverthenextgenerationofsoftware
solutionstoitsglobalcustomersandenablethemtobefutureready.PartofthewellknownBlueStar
Group,BlueStarInfotechisalistedcompanywithitsglobalheadquartersinMumbai,India,andwith
operationsinUSA,UK,Europe,Malaysia,andSingapore.TheCompanyisfocusedondeliveringvalue
addedandfutureproofedsoftwaresolutionsbyleveragingemergingtechnologiesandtrendswhile
preservingexistinginvestmentsforgainingcompetitiveadvantages.BlueStarInfotechcaterstothe
ITandsoftwareR&Dneedsofenterprisesglobally,andoffersabroadspectrumofservicesranging
fromApplicationDevelopmentandManagement,ProductEngineering,PackageImplementationand
TestingtoemergingareassuchasBusinessIntelligence/Analytics,MobilityandCloudComputing.Blue
StarInfotechhassuccessfullycompletedmorethan800majorITprojectsonawiderangeofhardware
andsoftwareplatforms.Ithasdeliveredmorethan1850productreleasesforitstechnologycustomers
worldwide. Its technology labs for Mobility, Cloud Computing, Analytics and Usability Engineering
incubate and propagate new methodologies, standards, tools and solutions. This coupled with its
CMMiLevel5andISO9001:2008assessedQualityAssuranceprocesses,assuresworldclassstandards
forallitsdeliverables.

Forwardlookingstatements
We have disclosed forwardlooking information so that investors can comprehend the Companys
prospects and make informed investment decisions. This release and other written and oral
statements that we make periodically contain such forwardlooking statements that set out
anticipated results based on the Managements plans and assumptions. We have tried, wherever
possible, to qualify such statements by using words such as anticipates, estimates, expects,
projects,intends,plans,believesandwordsandtermsofsimilarsubstanceinconnectionwithany
discussionoffutureoperatingorfinancialperformance.
Wedonotguaranteethatanyforwardlookingstatementwillberealised,althoughwebelievewe
have been diligent and prudent in our plan and assumptions. The achievement of future results is
subjecttorisk,uncertaintiesandvalidityofinaccurateassumptions.Shouldknownorunknownrisks
or uncertainties materialise, or should underlying assumptions prove inaccurate, our actual results
could vary materially from those anticipated, estimated or projected. Investors should bear this in
mindastheyconsiderforwardlookingstatements.Weundertakenoobligationtopubliclyupdateany

forwardlookingstatements,whetherasaresultofnewinformation,futureeventsorotherwise.

Formoreinformation,pleasecontact:
SudeshnaMukherjee
BlueStarInfotechLtd.
CIN:L72200MH1997PLC110459
CorporateCommunications
Tel:+912266856969
Email:sudeshnam@bsil.com