Indian Infotech and Software reports standalone net loss of Rs 2.63 crore in the March 2016 quarter

Sales rise 1214.11% to Rs 96.85 crore

Net Loss of Indian Infotech and Software reported to Rs 2.63 crore in the quarter ended March 2016 as against net loss of Rs 3.37 crore during the previous quarter ended March 2015. Sales rose 1214.11% to Rs 96.85 crore in the quarter ended March 2016 as against Rs 7.37 crore during the previous quarter ended March 2015.

For the full year,net profit declined 75.00% to Rs 0.12 crore in the year ended March 2016 as against Rs 0.48 crore during the previous year ended March 2015. Sales rose 708.58% to Rs 107.38 crore in the year ended March 2016 as against Rs 13.28 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales96.857.37 1214 107.3813.28 709 OPM %-2.88-61.19 -0.207.98 - PBDT-2.79-4.84 42 0.190.73 -74 PBT-2.78-4.87 43 0.180.70 -74 NP-2.63-3.37 22 0.120.48 -75

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