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Polaris Consulting & Services reports standalone net profit of Rs 13.78 crore in the March 2017 quarter

Capital Market 

Sales rise 10.84% to Rs 401.27 crore

Net profit of Polaris Consulting & Services reported to Rs 13.78 crore in the quarter ended March 2017 as against net loss of Rs 22.17 crore during the previous quarter ended March 2016. Sales rose 10.84% to Rs 401.27 crore in the quarter ended March 2017 as against Rs 362.03 crore during the previous quarter ended March 2016.

For the full year,net profit rose 49.77% to Rs 99.34 crore in the year ended March 2017 as against Rs 66.33 crore during the previous year ended March 2016. Sales declined 4.15% to Rs 1510.98 crore in the year ended March 2017 as against Rs 1576.39 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales401.27362.03 11 1510.981576.39 -4 OPM %6.031.81 -10.6511.17 - PBDT29.6524.11 23 180.65201.89 -11 PBT24.8517.93 39 158.37176.95 -11 NP13.78-22.17 LP 99.3466.33 50

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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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