Solution It Private Limited logo

Solution It Private Limited

Provides IT consulting services, technical staffing, and mobile application development.
2008 | Visakhapatnam, Andhra Pradesh (India) | Active

Last Updated:

July 26, 2024
HomeCompanySolution It Private Limited

Who are the key members and board of directors at Solution It?

Board Members(2)

NameDesignationAppointment DateStatus
Pappala Rao In Director 13-Dec-2011Current
Jogesh Tumbali In Director 05-Jun-2019Current

Financial Performance of Solution It.

Solution It Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 6.52% increase. The company also saw a substantial improvement in profitability, with a 27.14% increase in profit. The company's net worth Soared by an impressive increase of 30.82%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
6.52%
Revenue from Operations
3.59%
Total Assets
24.30%
Profit or Loss
27.14%
Net Worth
30.82%
EBITDA
4.06%

Related Corporates (Common Directorship)

Charges (Loans)

Charges

There are no open charges registered against the company as per our records.

How Many Employees Work at Solution It?

Unlock and access historical data on people associated with Solution It, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Graph

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Latest Updates, News, and FAQs on Solution It

Recent activity within the organization

  • Annual General Meeting

    Solution It Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Solution It Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Vijayawada.

    31 Mar 2023

  • Director Appointment

    Jogesh Tumbali was appointed as a Director was appointed as a Director on 05 Jun 2019 & has been associated with this company since 5 years 6 months .

    05 Jun 2019

  • Director Appointment

    Pappala Umeshwar Rao was appointed as a Director was appointed as a Director on 13 Dec 2011 & has been associated with this company since 13 years 9 days .

    13 Dec 2011

  • Company Incorporation

    Solution It Private Limited was registered on 12 Jun 2008 with Roc Vijayawada & aged 16 years 6 months as per MCA records.

    12 Jun 2008

Frequently asked questions

  • Solution It Private Limited was incorporated on 12 Jun 2008.

  • The authorized share capital of Solution It Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.50 M.

  • Currently 2 directors are associated with Solution It Private Limited.

    • Pappala Umeshwar Rao
    • Jogesh Tumbali
  • As per Ministry of Corporate Affairs (Mca), the registered address of Solution It Private Limited is 7-1-75 Encore Centre, Kirlampudi Layout China Waltair, Visakhapatnam, Andhra Pradesh, India, 530023.

  • The corporate identification number (CIN) of Solution It Private Limited is U72900AP2008PTC105660 and the company number is 105660 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Solution It Private Limited is https://www.solutionit.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Solution It Private Limited has risen by 6.52%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Solution It Private Limited has experienced an upsurge of 30.82%.

  • The most recent Balance Sheet for Solution It Private Limited was filed with the ROC on 31 Mar 2023.

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