Starcom Information Technology standalone net profit rises 927.78% in the March 2016 quarter

Sales rise 320.14% to Rs 5.84 crore

Net profit of Starcom Information Technology rose 927.78% to Rs 7.40 crore in the quarter ended March 2016 as against Rs 0.72 crore during the previous quarter ended March 2015. Sales rose 320.14% to Rs 5.84 crore in the quarter ended March 2016 as against Rs 1.39 crore during the previous quarter ended March 2015.

For the full year,net profit reported to Rs 0.93 crore in the year ended March 2016 as against net loss of Rs 4.04 crore during the previous year ended March 2015. Sales rose 11.66% to Rs 11.49 crore in the year ended March 2016 as against Rs 10.29 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales5.841.39 320 11.4910.29 12 OPM %89.90112.23 -30.81-14.58 - PBDT5.242.14 145 1.48-2.24 LP PBT7.28-0.12 LP 0.81-4.92 LP NP7.400.72 928 0.93-4.04 LP

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