Persistent Systems standalone net profit rises 91.19% in the March 2018 quarter

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Sales rise 1.73% to Rs 438.01 crore
Net profit of Persistent Systems rose 91.19% to Rs 102.86 crore in the quarter ended March 2018 as against Rs 53.80 crore during the previous quarter ended March 2017. Sales rose 1.73% to Rs 438.01 crore in the quarter ended March 2018 as against Rs 430.55 crore during the previous quarter ended March 2017.For the full year,net profit rose 16.36% to Rs 342.12 crore in the year ended March 2018 as against Rs 294.03 crore during the previous year ended March 2017. Sales declined 0.01% to Rs 1732.75 crore in the year ended March 2018 as against Rs 1732.96 crore during the previous year ended March 2017.
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First Published: Apr 25 2018 | 2:48 PM IST