Persistent Systems standalone net profit rises 91.19% in the March 2018 quarter

Sales rise 1.73% to Rs 438.01 crore

Net profit of Persistent Systems rose 91.19% to Rs 102.86 crore in the quarter ended March 2018 as against Rs 53.80 crore during the previous quarter ended March 2017. Sales rose 1.73% to Rs 438.01 crore in the quarter ended March 2018 as against Rs 430.55 crore during the previous quarter ended March 2017.

For the full year,net profit rose 16.36% to Rs 342.12 crore in the year ended March 2018 as against Rs 294.03 crore during the previous year ended March 2017. Sales declined 0.01% to Rs 1732.75 crore in the year ended March 2018 as against Rs 1732.96 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales438.01430.55 2 1732.751732.96 0 OPM %25.6317.33 -22.0121.36 - PBDT143.5489.41 61 509.00464.71 10 PBT131.2674.39 76 455.22403.74 13 NP102.8653.80 91 342.12294.03 16

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