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Datamatics Global Services standalone net profit declines 71.89% in the March 2017 quarter

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Capital Market

Sales decline 36.68% to Rs 85.59 crore

Net profit of Datamatics Global Services declined 71.89% to Rs 3.73 crore in the quarter ended March 2017 as against Rs 13.27 crore during the previous quarter ended March 2016. Sales declined 36.68% to Rs 85.59 crore in the quarter ended March 2017 as against Rs 135.18 crore during the previous quarter ended March 2016.

For the full year,net profit declined 32.52% to Rs 21.83 crore in the year ended March 2017 as against Rs 32.35 crore during the previous year ended March 2016. Sales rose 8.56% to Rs 305.71 crore in the year ended March 2017 as against Rs 281.61 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales85.59135.18 -37 305.71281.61 9 OPM %11.9316.26 -11.7217.19 - PBDT16.1925.13 -36 50.9155.17 -8 PBT12.3720.16 -39 37.0442.83 -14 NP3.7313.27 -72 21.8332.35 -33

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First Published: May 24 2017 | 5:55 PM IST

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