Thinksoft Global Services to grow ahead of industry average in 2013: Chairman and Managing Director A V Asvini Kumar

BANGALORE: Bangalore headquartered Thinksoft Global Services which grew 46 % year on year to clock revenues of Rs 121 crore in 2012 has added new areas of expertise around electronics payments testing and mobility and will grow ahead of industry average in 2013, the company's Chairman and Managing Director A V Asvini Kumar told ET.

"Government has introduced many new things in payments. For example the Rupay card and Aadhaar enabled banking and this will create lot of demand for software testing," said Mr Kumar.

Revenues of the company during the January- March quarter grew to Rs 33.6 crore up by 58 % year on year and net profit was at Rs 2.8 cr for the quarter.

Thinksoft, which primarily tests financial software added 18 new clients during the fourth quarter. Earnings per share for the quarter was at Rs 2.8.