Majesco reports consolidated net profit of Rs 2.54 crore in the March 2017 quarter

Sales decline 12.51% to Rs 187.78 crore

Net profit of Majesco reported to Rs 2.54 crore in the quarter ended March 2017 as against net loss of Rs 1.97 crore during the previous quarter ended March 2016. Sales declined 12.51% to Rs 187.78 crore in the quarter ended March 2017 as against Rs 214.63 crore during the previous quarter ended March 2016.

For the full year,net profit rose 107.26% to Rs 14.28 crore in the year ended March 2017 as against Rs 6.89 crore during the previous year ended March 2016. Sales rose 9.97% to Rs 813.35 crore in the year ended March 2017 as against Rs 739.58 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales187.78214.63 -13 813.35739.58 10 OPM %6.961.27 -5.521.34 - PBDT14.073.10 354 48.3314.71 229 PBT7.05-0.66 LP 22.26-3.14 LP NP2.54-1.97 LP 14.286.89 107

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