Patspin India swung to a profit for the quarter ended December 2015. During the quarter, the company reported a profit of Rs 4.20 million compared with a loss of Rs 67.20 million in the same quarter last year.
Revenues for the quarter declined marginally 3.89% to Rs 1,275.30 million, compared with Rs 1,326.90 million for the prior year period.
Operating margin for the quarter stood at 10.01 percent as compared to 2.19 percent for the previous year period. Operating Income for the quarter was Rs 127.60 million, compared with Rs 29.1 million in the previous year period.
Earnings per share stood at Rs 0.11 compared with negative Rs 2.20 in the same quarter last year.
Quarterly Results - Standalone (Rs in mn) |
As at | Dec - 15 | Dec - 14 | %Change |
Revenues | 1,275.30 | 1,326.90 | (3.89) |
Net Profit | 4.20 | (67.20) | - |
Diluted EPS | 0.11 | (2.20) | - |
Shares of the company declined Rs 0.02, or 0.22%, to settle at Rs 9.11. The total volume of shares traded was 3,545 at the BSE (Tuesday).