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Quess Corp reports marginal fall in Q4 consolidated net profit

Quess Corp has reported results for fourth quarter and year ended March 31, 2019.

The company has reported a rise of 47.66% in its net profit at Rs 72.84 crore for the quarter under review as compared to Rs 49.33 crore for the same quarter in the previous year. Total income of the company increased by 18.49% at Rs 1,546.31 crore for Q4FY19 as compared Rs 1,304.98 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a marginal fall of 0.33 % in its net profit at Rs 75.50 crore for the quarter under review as compared to Rs 75.75 crore for the same quarter in the previous year. However, total income of the company increased by 21.36% at Rs 2,323.78 crore for Q4FY19 as compared Rs 1,914.74 crore for the corresponding quarter previous year.

For the year ended March 31, 2019, the company has reported a fall of 10.79% in its net profit at Rs 231.28 crore as compared to Rs 259.26 crore for the previous year. However, total income of the company increased by 26.99% at Rs 5,660.30 crore for year under review as compared to Rs 4,457.11 crore for year ended March 31, 2018.

For the year ended March 31, 2019, on the consolidated basis, the company has reported a fall of 17.18% in its net profit at Rs 256.55 crore as compared to Rs 309.76 crore for the previous year. However, total income of the company increased by 38.14% at Rs 8,598.22 crore for year under review as compared to Rs 6,224.18 crore for year ended March 31, 2018.

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