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Majestic Research Services and Solutions reported profit of Rs.2.20 crore in HY1 FY19-20

Majestic Research Services and Solutionsreported revenue of Rs.20.11 crore for the September 2019 half year marking a decrease against Rs.29.01 crore in a year ago period.

Company : Majestic Research Services and Solutions Ltd

Majestic Research Services and Solutionsannounced the financial results for half year ended 30.09.2019 showing a decrease in revenue as well as net profit.

Following are the financials of HY ended 30thseptermber, 2019 at Majestic Research Services and Solutions:

• Net profit reached Rs.2.20 crore for the half year ended 30.09.2019 as against Rs.5.28 crore in previous year same period.

• PBT stands at Rs.3.13 crore against Rs.7.48 crore in a year ago period.

• Earnings per share for the current half year was Rs.2.20 as against Rs.5.27 in previous year same period.

In the financial year ended 31st March 2019, revenue at Majestic Research Services and Solutions stood at Rs.56.36 crore. PBT for the same year was Rs.14.66 crore and PAT reached Rs.10.39 crore.

Majestic Research Services and Solutions Limited is the largest independent Market Research Agency in India relying exhaustively on usage of technology for data acquisition thereby ensuring reliability, validity checks as also faster turnaround time.

Result
Rs. in Lacs
Current Year Upto Previous Year Upto Previous Year
30/9/2019 30/9/2018 2018-2019
Income Statement
Revenue 2011.10 2900.30 5632.03
Other Income 0.00 1.57 4.60
Total Income 2011.1 2901.87 5636.64
Expenditure 1399.77 1956.74 3586.93
Finance Cost 56.8 69.91 139.27
PBDT 554.53 875.22 1910.43
Depreciation 240.56 126.72 443.71
PBT 313.97 748.5 1466.72
Tax 93.8 220.36 426.88
Net Profit 220.17 528.14 1039.84
Equity 1002.60 1002.60 1002.60
EPS 2.20 5.27 10.37

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