Persistent Systems standalone net profit declines 13.52% in the March 2016 quarter

Sales rise 16.54% to Rs 380.77 crore

Net profit of Persistent Systems declined 13.52% to Rs 61.49 crore in the quarter ended March 2016 as against Rs 71.10 crore during the previous quarter ended March 2015. Sales rose 16.54% to Rs 380.77 crore in the quarter ended March 2016 as against Rs 326.73 crore during the previous quarter ended March 2015.

For the full year,net profit rose 2.38% to Rs 265.46 crore in the year ended March 2016 as against Rs 259.30 crore during the previous year ended March 2015. Sales rose 16.47% to Rs 1447.14 crore in the year ended March 2016 as against Rs 1242.50 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales380.77326.73 17 1447.141242.50 16 OPM %19.7727.39 -23.7624.36 - PBDT100.22108.94 -8 424.44398.00 7 PBT85.1295.99 -11 365.85348.83 5 NP61.4971.10 -14 265.46259.30 2

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