Diamond Infosystems

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Template:Undisclosed paid Template:Use Indian English oooh, orphan

company

Diamond Infosystems is a public limited company incorporated in India in March 1993. It is an information technology firm associated with the Diamond Group[1] also known as Essen group of industries, with turnover of Rs. 2000 Crore.[2] It is headquartered in Vadodara, India.

Business partners with Microsoft Dynamics NAV,[3] AX and SAP B1–providing full lifecycle services including consulting, implementation, maintenance, migration and upgradation.

History

1993 N.B.F.C. 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)[4]

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[5]

2015 Launched its hosting business under the name moveviral.com[6]

Revenue

Diamond Infosystems Ltd. key Products/Revenue Segments include Computer Software which contributed Rs 295.00 Cr ($45.0M USD) 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 September 2015, the company reported a Standalone sales of Rs. 65.23 Cr., down -4.09% from the previous quarter sales of Rs. 68.01 Cr. and down -43.20% from the previous year's same quarter sales of Rs. 114.85 Cr. The company reported net profit after tax of Rs. 0.12 Cr. in latest quarter.[7]

References