Persistent Systems net profit rises 11.81% in the March 2014 quarter

Sales rise 20.07% to Rs 307.81 crore

Net profit of Persistent Systems rose 11.81% to Rs 57.84 crore in the quarter ended March 2014 as against Rs 51.73 crore during the previous quarter ended March 2013. Sales rose 20.07% to Rs 307.81 crore in the quarter ended March 2014 as against Rs 256.35 crore during the previous quarter ended March 2013.

For the full year,net profit rose 36.72% to Rs 248.57 crore in the year ended March 2014 as against Rs 181.81 crore during the previous year ended March 2013. Sales rose 18.80% to Rs 1184.12 crore in the year ended March 2014 as against Rs 996.75 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales307.81256.35 20 1184.12996.75 19 OPM %27.5328.76 -30.6827.84 - PBDT98.4187.87 12 400.39306.30 31 PBT84.7272.49 17 341.98246.60 39 NP57.8451.73 12 248.57181.81 37

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