Mastek reports standalone net loss of Rs 1.60 crore in the March 2018 quarter

Sales rise 22.04% to Rs 40.53 crore

Net loss of Mastek reported to Rs 1.60 crore in the quarter ended March 2018 as against net profit of Rs 4.00 crore during the previous quarter ended March 2017. Sales rose 22.04% to Rs 40.53 crore in the quarter ended March 2018 as against Rs 33.21 crore during the previous quarter ended March 2017.

For the full year,net profit declined 31.92% to Rs 15.74 crore in the year ended March 2018 as against Rs 23.12 crore during the previous year ended March 2017. Sales declined 4.22% to Rs 162.32 crore in the year ended March 2018 as against Rs 169.48 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales40.5333.21 22 162.32169.48 -4 OPM %8.043.55 -9.5415.87 - PBDT6.325.04 25 38.5339.47 -2 PBT3.672.00 84 27.3427.43 0 NP-1.604.00 PL 15.7423.12 -32

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