Persistent Systems standalone net profit rises 4.47% in the March 2017 quarter

Sales rise 13.07% to Rs 430.55 crore

Net profit of Persistent Systems rose 4.47% to Rs 53.80 crore in the quarter ended March 2017 as against Rs 51.50 crore during the previous quarter ended March 2016. Sales rose 13.07% to Rs 430.55 crore in the quarter ended March 2017 as against Rs 380.77 crore during the previous quarter ended March 2016.

For the full year,net profit rose 17.80% to Rs 294.03 crore in the year ended March 2017 as against Rs 249.60 crore during the previous year ended March 2016. Sales rose 19.75% to Rs 1732.96 crore in the year ended March 2017 as against Rs 1447.14 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales430.55380.77 13 1732.961447.14 20 OPM %17.3317.64 -21.3622.50 - PBDT89.4088.81 1 464.71404.96 15 PBT74.3873.73 1 403.74346.42 17 NP53.8051.50 4 294.03249.60 18

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