Majesco reports standalone net profit of Rs 2.67 crore in the March 2018 quarter

Sales rise 48.65% to Rs 5.50 crore

Net profit of Majesco reported to Rs 2.67 crore in the quarter ended March 2018 as against net loss of Rs 0.19 crore during the previous quarter ended March 2017. Sales rose 48.65% to Rs 5.50 crore in the quarter ended March 2018 as against Rs 3.70 crore during the previous quarter ended March 2017.

For the full year,net profit rose 1021.09% to Rs 14.35 crore in the year ended March 2018 as against Rs 1.28 crore during the previous year ended March 2017. Sales rose 28.14% to Rs 19.99 crore in the year ended March 2018 as against Rs 15.60 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales5.503.70 49 19.9915.60 28 OPM %-23.45-40.81 --34.42-70.06 - PBDT5.521.77 212 11.423.94 190 PBT5.201.56 233 10.323.13 230 NP2.67-0.19 LP 14.351.28 1021

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