Persistent Systems consolidated net profit declines 0.41% in the March 2017 quarter

Sales rise 7.38% to Rs 727.11 crore

Net profit of Persistent Systems declined 0.41% to Rs 72.80 crore in the quarter ended March 2017 as against Rs 73.10 crore during the previous quarter ended March 2016. Sales rose 7.38% to Rs 727.11 crore in the quarter ended March 2017 as against Rs 677.11 crore during the previous quarter ended March 2016.

For the full year,net profit rose 8.72% to Rs 301.47 crore in the year ended March 2017 as against Rs 277.30 crore during the previous year ended March 2016. Sales rose 24.48% to Rs 2878.44 crore in the year ended March 2017 as against Rs 2312.33 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales727.11677.11 7 2878.442312.33 24 OPM %17.9015.10 -16.1716.93 - PBDT144.47120.65 20 561.10468.70 20 PBT105.0694.19 12 412.08369.69 11 NP72.8073.10 0 301.47277.30 9

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