True Tech Solution

Chennai, India Founded: 2014 • Age: 12 yrs
Provides tailored software solutions for businesses.

About True Tech Solution

True Tech Solution is a Technology company based in Chennai (India) founded in 2014. It provides tailored software solutions for businesses. It operates on a B2B model. The company has 31 employees. Its Indian entity Truetech Solutions Private Limited reported revenue of β‚Ή6.68 Cr. Its focus areas include IT Services, Software Development and Business Solutions.

Company details

True Tech Solution, based in Chennai, focuses on leveraging cutting-edge technology, providing IT services, creating custom software solutions, and business solutions. Provides tailored software solutions for businesses. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.

Operational Areas
Key Metrics
  • Annual Revenue
    ₹6.68 Cr

    FY 2024 · -43% YoY

  • Net Profit
    ₹14.4 Lakh

    FY 2024 · 2% margin

  • EBITDA
    ₹51.1 Lakh

    FY 2024 · 8% margin

  • Employee Count
    31

Board of directors of Truetech Solutions Private Limited (True Tech Solution)

Truetech Solutions Private Limited is the primary company behind True Tech Solution. The board of Truetech Solutions Private Limited currently have 3 directors; the longest-serving is Afsarisultana, appointed in 2014.

DirectorDesignationAppointedTenureEntity
Afsarisultana
DIN 06724087
Director13 Jan 201412 yrs 9 moTruetech Solutions Private Limited
Maria Joseph Praveen
DIN 06724149
Director13 Jan 201412 yrs 9 moTruetech Solutions Private Limited
Narendhiran
DIN 06724160
Director13 Jan 201412 yrs 9 moTruetech Solutions Private Limited

Financials of True Tech Solution

Figures of Truetech Solutions Private Limited, the primary company behind True Tech Solution, for FY 2024. Revenue was ₹6.68 Cr (-43% year on year). Net profit was ₹14.4 Lakh (2% margin). EBITDA was ₹51.1 Lakh (8% margin). Revenue has grown at a compounded annual rate of -17% over three years and -1% over five years.

  • ₹6.68 CrRevenue · FY 2024 · -43% YoY
  • ₹14.4 LakhNet profit · 2% margin
  • ₹51.1 LakhEBITDA · 8% margin
  • ₹38 LakhPaid-up capital
  • 31Employees (provident fund records)
  • -17%Revenue CAGR, 3 years
  • -1%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Truetech Solutions Private Limited are on its company page.

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Frequently Asked Questions about True Tech Solution

True Tech Solution was founded in 2014.

True Tech Solution is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.

True Tech Solution has 31 employees.

The primary company behind True Tech Solution, Truetech Solutions Private Limited, reported revenue of β‚Ή6.68 Cr for FY 2024, down 43% year on year.

True Tech Solution, based in Chennai, focuses on leveraging cutting-edge technology, providing IT services, creating custom software solutions, and business solutions. Provides tailored software solutions for businesses. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.

True Tech Solution operates through Truetech Solutions Private Limited.

The legal entities of True Tech Solution currently have 3 directors, including Afsarisultana, Maria Joseph Praveen, Narendhiran.

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