Tera Software standalone net profit declines 96.41% in the March 2017 quarter

Sales decline 70.63% to Rs 31.13 crore

Net profit of Tera Software declined 96.41% to Rs 0.11 crore in the quarter ended March 2017 as against Rs 3.06 crore during the previous quarter ended March 2016. Sales declined 70.63% to Rs 31.13 crore in the quarter ended March 2017 as against Rs 106.01 crore during the previous quarter ended March 2016.

For the full year,net profit rose 43.13% to Rs 11.05 crore in the year ended March 2017 as against Rs 7.72 crore during the previous year ended March 2016. Sales rose 52.70% to Rs 248.13 crore in the year ended March 2017 as against Rs 162.50 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales31.13106.01 -71 248.13162.50 53 OPM %6.425.28 -9.1011.48 - PBDT0.764.98 -85 19.1714.47 32 PBT0.154.33 -97 16.8111.77 43 NP0.113.06 -96 11.057.72 43

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