Ace Software Exports standalone net profit declines 44.83% in the March 2017 quarter

Sales rise 35.19% to Rs 2.19 crore

Net profit of Ace Software Exports declined 44.83% to Rs 0.16 crore in the quarter ended March 2017 as against Rs 0.29 crore during the previous quarter ended March 2016. Sales rose 35.19% to Rs 2.19 crore in the quarter ended March 2017 as against Rs 1.62 crore during the previous quarter ended March 2016.

For the full year,net profit declined 13.04% to Rs 1.00 crore in the year ended March 2017 as against Rs 1.15 crore during the previous year ended March 2016. Sales rose 4.72% to Rs 8.43 crore in the year ended March 2017 as against Rs 8.05 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales2.191.62 35 8.438.05 5 OPM %6.854.94 -9.619.19 - PBDT0.430.36 19 1.511.43 6 PBT0.360.30 20 1.201.16 3 NP0.160.29 -45 1.001.15 -13

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