Sphere Global Services reports consolidated net profit of Rs 0.77 crore in the March 2016 quarter

Sales decline 6.20% to Rs 3.48 crore

Net profit of Sphere Global Services reported to Rs 0.77 crore in the quarter ended March 2016 as against net loss of Rs 0.91 crore during the previous quarter ended March 2015. Sales declined 6.20% to Rs 3.48 crore in the quarter ended March 2016 as against Rs 3.71 crore during the previous quarter ended March 2015.

For the full year,net profit rose 247.37% to Rs 1.98 crore in the year ended March 2016 as against Rs 0.57 crore during the previous year ended March 2015. Sales declined 4.55% to Rs 18.23 crore in the year ended March 2016 as against Rs 19.10 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales3.483.71 -6 18.2319.10 -5 OPM %1.72-1.62 -10.4811.88 - PBDT0.86-0.04 LP 2.342.32 1 PBT0.77-0.34 LP 1.981.14 74 NP0.77-0.91 LP 1.980.57 247

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