Polaris Consulting & Services reports 9% fall in Q1 consolidated net profit

07 Aug 2015

Polaris Consulting & Services has reported results for first quarter ended June 30, 2015.

The company has reported 14.23% rise in its net profit at Rs 33.80 crore for the quarter ended June 30, 2015 as compared to Rs 29.59 crore for the same quarter in the previous year. The company’s total income has increased by 9.50% to Rs 451.15 crore for the quarter under review from Rs 412.00 crore for the corresponding quarter of the previous year.

On the consolidated basis, the company has reported 8.83% fall in its net profit of Rs 38.08 crore for the quarter ended June 30, 2015 as compared to Rs 41.77 crore for the same quarter in the previous year. However, total income of the company has increased by 4.40% at Rs 500.33 crore for quarter under review as compared to Rs 479.24 crore for the quarter ended June 30, 2014.

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