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Xchanging Solutions consolidated net profit rises 84.39% in the March 2017 quarter

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Capital Market

Sales decline 7.95% to Rs 61.64 crore

Net profit of Xchanging Solutions rose 84.39% to Rs 5.79 crore in the quarter ended March 2017 as against Rs 3.14 crore during the previous quarter ended March 2016. Sales declined 7.95% to Rs 61.64 crore in the quarter ended March 2017 as against Rs 66.96 crore during the previous quarter ended March 2016.

For the full year,net profit declined 39.73% to Rs 17.60 crore in the year ended March 2017 as against Rs 29.20 crore during the previous year ended December 2015. Sales rose 9.94% to Rs 307.27 crore in the year ended March 2017 as against Rs 279.48 crore during the previous year ended December 2015.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Dec. 2015% Var.Sales61.6466.96 -8 307.27279.48 10 OPM %2.454.91 -2.759.95 - PBDT6.945.47 27 22.2142.83 -48 PBT6.444.75 36 19.1638.63 -50 NP5.793.14 84 17.6029.20 -40

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First Published: May 30 2017 | 3:28 PM IST

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