Ramco Systems standalone net profit rises 45.05% in the March 2017 quarter

Sales decline 10.13% to Rs 68.11 crore

Net profit of Ramco Systems rose 45.05% to Rs 17.16 crore in the quarter ended March 2017 as against Rs 11.83 crore during the previous quarter ended March 2016. Sales declined 10.13% to Rs 68.11 crore in the quarter ended March 2017 as against Rs 75.79 crore during the previous quarter ended March 2016.

For the full year,net profit rose 254.16% to Rs 50.68 crore in the year ended March 2017 as against Rs 14.31 crore during the previous year ended March 2016. Sales rose 6.04% to Rs 277.94 crore in the year ended March 2017 as against Rs 262.10 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales68.1175.79 -10 277.94262.10 6 OPM %-25.0234.04 -16.9625.55 - PBDT-12.8126.58 PL 55.6566.28 -16 PBT-24.3015.22 PL 9.2220.82 -56 NP17.1611.83 45 50.6814.31 254

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