Cybertech Systems & Software disclosed a sharp rise in consolidated net profit for the quarter ended June 2016. During the quarter, the profit of the company rose 58.78% to Rs 19.12 million from Rs 12.04 million in the same quarter last year.
Revenues for the quarter rose 34.18% to Rs 236.93 million, compared with Rs 177 million for the prior year period.
Operating margin for the quarter stood at 137.72 percent as compared to 110.58 percent for the previous year period. Operating Income for the quarter was Rs 326.31 million, compared with Rs 195.27 million in the previous year period.
Earnings per share for the quarter stood at Rs 0.69, registering 53.33% growth over previous year period.
| Quarterly Results - Consolidated (Rs in mn) |
| As at | Jun - 16 | Jun - 15 | %Change |
| Revenues | 236.93 | 176.58 | 34.18 |
| Net Profit | 19.12 | 12.04 | 58.78 |
| Diluted EPS | 0.69 | 0.45 | 53.33 |
Shares of the company gained Rs 4.6, or 8.83%, to trade at Rs 56.70. The total volume of shares traded was 61,789 at the BSE (4.01 p.m., Tuesday).
