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Polaris Consulting & Services reports consolidated net profit of Rs 32.93 crore in the March 2017 quarter

Capital Market 

Sales rise 12.61% to Rs 562.07 crore

Net profit of Polaris Consulting & Services reported to Rs 32.93 crore in the quarter ended March 2017 as against net loss of Rs 18.49 crore during the previous quarter ended March 2016. Sales rose 12.61% to Rs 562.07 crore in the quarter ended March 2017 as against Rs 499.14 crore during the previous quarter ended March 2016.

For the full year,net profit rose 58.20% to Rs 161.44 crore in the year ended March 2017 as against Rs 102.05 crore during the previous year ended March 2016. Sales rose 1.38% to Rs 2079.74 crore in the year ended March 2017 as against Rs 2051.35 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales562.07499.14 13 2079.742051.35 1 OPM %7.934.40 -11.4311.38 - PBDT50.3031.45 60 258.59252.68 2 PBT45.3725.09 81 235.26226.25 4 NP32.93-18.49 LP 161.44102.05 58

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, May 16 2017. 14:31 IST
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