Rolta India is taking away traditional business and bringing in a new business this fiscal which will be more profitable and better, said KK Singh, managing director and CMD of the company.
The company posted a weak set of earnings this quarter as revenue was down 20 percent this time while margins too contracted.
Singh said that 80 percent of the firm's business came from digital technology.
On defence business, he said, “The order book there is very good. It would be running into a couple of Rs 1,000 crore.”
“Revenue flow and execution is a bit erratic there but that is the only thing in defence which is an issue ... otherwise it’s a good business, we are very bullish on that,” he further mentioned.