GTT Data Solutions ? Consolidation of merged companies complete, strong growth outlook.
• The company’s FY 2024-25
revenue of Rs 16.53 crores
• Projections to achieve an
annual revenue run rate of Rs 150–180 crores
• Strategic acquisitions in
India and upcoming plans in Singapore
• The Dual Intelligence
approach combining Human Intelligence and Artificial Intelligence
• Statements from MD Mr.
Pankaj Samani, Chairman Dr. Ganesh Natarajan, and CEO Mr. Gopalraje Patwardhan
In the recent Board meeting
held in Sangli which is an upcoming GCC for GTT Data Solutions Limited, the
Company reported Rs 16.53 crores revenue for the year of 2024-25.
Pankaj
Samani, Managing Director of GTT Data Solutions Ltd said
“With strong growth outlook in each of the businesses, we expect to reach an
annual revenue run rate of Rs 150 - 180 crores by the end of the current fiscal
with the companies we have acquired and plan to acquire.” The company has in
April 2025 acquired two successful companies in India in the Data Engineering
and Analytics space to strengthen their proposition for providing AI and Dual
Intelligence solutions to the market. There are plans to also acquire a company
in Singapore.
The company has already
incurred setup costs, team expansion expenses, and transaction costs under its
new management in its first year of operation, and is now poised to pursue growth
through new acquisitions.
GTT Data Solutions is
strongly focused on Data Engineering, Analytics, AI solutions and development
of Human Resources fully skilled in new software, data and AI and the merged
companies are now structured under two business streams that make up the
company’s Dual Intelligence offerings to the market – Human Intelligence and
Artificial Intelligence.
Dr.
Ganesh Natarajan, Chairman of GTT Data Solutions ltd
said “We are excited about the development and maturing of a new company with a
steady growth trajectory of 20-25% annually in the next three to five years by
offering end-to end solutions for corporate customers. Our uniqueness comes
from the ability to navigate people, data and software challenges companies
face in the rapidly changing business environment and the era of AI. We have
appointed key leaders to head the Artificial Intelligence and Human
Intelligence divisions of the business and will continue to pursue organic
growth and market facing acquisitions to build out our market and services
capabilities.”
Gopalraje
Patwardhan, CEO of GTT Data Solutions Ltd said “We see GTT Data well
positioned to take advantage of the shift in the business proposition of
Information Technology Company from being technology driven to customer driven
approach”