Mumbai, May 31, 2018:BSE SME listed Majestic Research Services and Solutions Ltd has reported a consolidated net profit of INR136.1 MN for the year ended March 31, 2018 over last year.
Consolidated income from operations for the year under review grew by 181% to INR 644.5MN last year.
“As the Investor Relations Managers of MRSS Ltd, I’m extremely delighted about the financial performance of the company for Financial Year 2017-18. Not only has the company continued its high growth trajectory on an organic as well as inorganic basis but there has been significant improvement in the return ratios and working capital management.” said Anuj Sonpal, Founder & CEO, Valorem Advisors.
Some Key Indicators of Consolidated Financial Performance is mentioned as below:
| Particulars | FY 2017-18 | FY 2016-17 |
| Operating Income (In millions) | 644.5 | 229.3 |
| EBITDA (in %) | 31.35 | 32.50 |
| PBT (in %) | 28.19 | 30.51 |
| PAT (in %) | 21.12 | 20.20 |
| EPS (INR) | 13.61 | 4.93 |
“We are pleased that we are on the path to achieve our vision of being Asia’s leading Independent Market Research firm. We thank all MRSS stakeholders for their support and patience,” said Raj Sharma, Chairman, Majestic Research Services and Solutions Ltd.
Sarang Panchal, Managing Director of MRSS India also commented “We are thrilled to deliver strong financial results and this primarily is due to high client satisfaction. It is also exciting to see a whole lot of new clients adopting digital technology in India.”
About MRSS India: About MRSS India: MRSS India relies exhaustively on usage of technology for data acquisition offering reliability, validity and faster turnaround times to its clients. The company has wide range of offerings such as eye tracking, mobile analytics, video analysis, facial recognition, digital tracking, online communities, neuroscience, emotional analysis, automated audience measurement, sensory sciences, etc. It is India’s 1st and only listed Market Research Company, also a member of MRSI and DIN (Digital Insight Network – Global). It is the subsidiary of Majestic Market Research Support Services Ltd, – One of Asia’s largest full service market research firm. MMRSS is a member of ESOMAR, QRCA, MRA, etc with presence in 18 countries across Middle East and Asia Pacific region. (ENDS)
Thanks and Regard,
The Corporate Communication Team
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