MPS has reported results for fourth quarter and year ended March 31, 2017.
The company has reported a fall of 11.04% in its net profit at Rs 18.86 crore for the quarter ended March 31, 2017 as compared to Rs 21.20 crore for the same quarter in the previous year. Total income of the company decreased by 2.84% at Rs 61.33 crore for quarter under review as compared to Rs 63.12 crore for the quarter ended March 31, 2016.
On consolidated basis, the company has reported a fall of 28.87% in its net profit at Rs 15.87 crore for the quarter ended March 31, 2017 as compared to Rs 22.31 crore for the same quarter in the previous year. However, total income of the company increased by 4.68% at Rs 76.67 crore for quarter under review as compared to Rs 73.24 crore for the quarter ended March 31, 2016.
For the year ended March 31, 2017, the company has posted a marginal fall of 1.46% in its net profit at Rs 69.50 crore as compared to Rs 70.53 crore in FY16. However, total income of company increased marginally by 0.01% at Rs 242.39 crore for year under review as compared to Rs 242.37 crore for the year ended March 31, 2016.
For the year ended March 31, 2017, on the consolidated basis, the company has posted a marginal fall of 1.80% in its net profit at Rs 69.96 crore as compared to Rs 71.24 crore in FY16. However, total income of company increased by 12.09% at Rs 308.90 crore for year under review as compared to Rs 275.57 crore for the year ended March 31, 2016.
