Polaris was incorporated in 1993. It is the world’s first CMMI (Capability Maturity Model Integration) Level 5 certified company.

Corporate Headquarters: Chennai, India
Chairman and CEO: Arun Jain
President and Chief Operating Officer: Arup Gupta
US Headquarters: New Jersey/Fremont, CA
Total Revenue: Rs. 7871.23 Million
Net Profit After Taxes: Rs. 580.40 Million
Earnings Per Share (Rs. 5): Rs. 5.93
Total Fixed Assets: Rs. 2162.63 Million
Cash and Cash Equivalents: Rs. 803.54 Million

Facts:

  • It is ranked 11th in the top Indian software exporters list.
  • It has 20 years of experience in Banking, Financial Services & Insurance.
  • It has over 7000 associates.
  • Polaris has a Compound Annual Growth Rate (CAGR) of over 70%. It is the highest among all IT organizations in India.
  • .Polaris has more than 750 domain experts.

Products and Solutions: Retail Banking, Corporate Banking, Investment Banking, Credit Cards, Insurance, Enterprise Solutions, BPO.

Quarterly Results (Rs. in Millions) Dec 2006 (3th Quarter)
Particulars Rs in Millions
Sales Turnover 2401.68
Other Income 53.18
Total Income 2454.86
Total Expenditure 2004.9
Operating Profit 449.97
Interest 1.29
Gross Profit 448.68
Depreciation 111.36
Tax 43.56
Reported PAT (Profit after tax) 293.76

Contact Address:

Corporate Headquarters
Polaris Software Lab Ltd
‘Foundation’, 34, IT Highway
Chennai-603 103, INDIA
Phone: 91-44-2743 5001
Fax: 91-44-2743 5166

Polaris Website: http://www.polaris.co.in