Polaris reports Rs 47-cr profit in Q2

Total income has increased 9% to Rs 519 cr

Polaris Consulting & Services Ltd has posted a net profit of Rs 47.3 crore for the quarter ended September 30, 2015 as compared to Rs 49.1 crore for the quarter ended September 30, 2014.

Total income has increased to Rs 519.2 crore as against Rs 493.4 crore for the quarter ended September 30, 2014. The growth in revenue has been 9%.

N M Vaidyanathan, Chief Financial Officer, Polaris Consulting & Services Limited, said that company's focused approach towards growth plans and cost plans has resulted in 9% growth in revenues and a PAT of Rs 47 crore.

"We are balancing the levers of investments in key accounts along with cost optimisation efforts. We expect this momentum to continue," he said.