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8K Miles Software Services consolidated net profit rises 178.06% in the March 2017 quarter

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Capital Market

Sales rise 93.20% to Rs 166.60 crore

Net profit of 8K Miles Software Services rose 178.06% to Rs 34.34 crore in the quarter ended March 2017 as against Rs 12.35 crore during the previous quarter ended March 2016. Sales rose 93.20% to Rs 166.60 crore in the quarter ended March 2017 as against Rs 86.23 crore during the previous quarter ended March 2016.

For the full year,net profit rose 163.07% to Rs 104.15 crore in the year ended March 2017 as against Rs 39.59 crore during the previous year ended March 2016. Sales rose 96.51% to Rs 534.38 crore in the year ended March 2017 as against Rs 271.93 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales166.6086.23 93 534.38271.93 97 OPM %34.9830.40 -34.8432.55 - PBDT56.8726.23 117 184.4088.52 108 PBT52.2920.79 152 164.7168.29 141 NP34.3412.35 178 104.1539.59 163

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First Published: May 10 2017 | 4:04 PM IST

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