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Majestic Research Services and Solutions Ltd. Announces Annual results for the year ended

Majestic Research Services and Solutions Ltd. (MRSS INDIA), a largest digital Market Research Agency in India has announced annual results of  the financial year ended 31st March 2015 on Saturday, September 5th 2015 at 4 pm IST  from its Corporate Office in Mumbai . The results are also available on www.mrssindia.com

The audited Standalone results for the financial year ended 2014 -15:

During the year under review, revenue of the Company was Rs. 5, 50, 76,925/- as compared to Rs.2, 26, 03,234/- in the previous corresponding year. In terms of percentage, revenue grew by 144% in the current year as compared to previous Year. The Company earned a profit after tax of Rs. 53, 29,692/-as compared to Rs. 13, 40,227/- in the previous year and the profit after tax grew by 300% in current year as compared to previous year.  The Company’s Reserves and Surplus increased from Rs. 1,481,027 to Rs. 68, 10,719/- and the reserves and surpluses grew by 360% in current year as compared to previous year. The Directors are optimistic about company’s business and hopeful of improved performance across all financial parameters in 2016.
Announcing the results, Mr. Raj Sharma (Chairman) said, “Our strategy of investing in people, partnerships and products is just beginning to show results. We are highly confident of improving upon last year’s performance in the current years.”

Highlights

Particulars

FY 2014-15

FY 2013-14

Operating Revenue

55,076,925

22,60,3234

EBITDA Margin (%)

19.11

10.53

Profit Before Tax (%)

14.09

8.68

Profit After Tax (%)

9.68

5.93

Return on Net Worth (%)

14.47

4.25

 

Return on Capital Employed (%)

17.73

6.18

Book Value Per Share (Rs)

12.27

10.49

 

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