Polaris Consulting and Services today said it has posted a consolidated net profit of Rs 32.92 crore for the fourth quarter ended March 2017.
The Chennai-based company had posted a net loss of Rs 18.48 crore in the year-ago period.
The company's total income increased 11.6 per cent to Rs 567.77 crore in the said period from Rs 508.63 crore in the January-March quarter of 2015-16, Polaris said in a statement.
For the full-year, net profit was up 58 per cent to Rs 161.44 crore, while total income grew 1.4 per cent to Rs 2,100 crore as compared to 2015-16.
"Despite a challenging macroeconomic environment and currency head-winds in fourth quarter, we recorded growth both in revenue and operating profit as compared to FY16," Polaris Consulting and Services Chief Financial Officer N M Vaidyanathan said.
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