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Polaris Consulting reports 8% rise in Q1 net profit

09 Aug 2016

Polaris Consulting & Services has reported results for first quarter ended June 30, 2016.

The company has registered 31.90% fall in its net profit at Rs 26.86 crore for the quarter as compared to Rs 39.44 crore for the same quarter in the previous year. Total income of the company decreased by 3.26% at Rs 444.40 crore for quarter under review as compared to Rs 459.39 crore for the quarter ended June 30, 2015.

On the consolidated basis, the company has reported 8.20% rise in its net profit after taxes, non-controlling Interest and share of loss of Joint Venture at Rs 39.72 crore for the quarter ended June 30, 2016 as compared to Rs 36.71 crore for the same quarter in the previous year. Total Income of the company increased by 1.01% to Rs 502.99 crore for quarter under review from Rs 497.96 crore for the quarter ended June 30, 2015.

Related Polaris Consulting & Services Ltd. Links:
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