Compucom Software announced that the Board of Directors of the Company at its meeting held on 27 May 2020, has recommended a Final dividend of Rs.0.30 per share (i.e.15%), subject to the approval of the shareholders.

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Net profit of Compucom Software reported to Rs 0.20 crore in the quarter ended March 2020 as against net loss of Rs 0.60 crore during the previous quarter ended March 2019. Sales rose 14.16% to Rs 3.95 crore in the quarter ended March 2020 as against Rs 3.46 crore during the previous quarter ended March 2019.

For the full year,net profit declined 88.06% to Rs 0.43 crore in the year ended March 2020 as against Rs 3.60 crore during the previous year ended March 2019. Sales declined 77.71% to Rs 15.18 crore in the year ended March 2020 as against Rs 68.11 crore during the previous year ended March 2019.

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Net profit of Compucom Software declined 73.33% to Rs 0.28 crore in the quarter ended March 2020 as against Rs 1.05 crore during the previous quarter ended March 2019. Sales rose 19.51% to Rs 3.43 crore in the quarter ended March 2020 as against Rs 2.87 crore during the previous quarter ended March 2019.

For the full year,net profit declined 80.11% to Rs 1.08 crore in the year ended March 2020 as against Rs 5.43 crore during the previous year ended March 2019. Sales declined 78.15% to Rs 14.11 crore in the year ended March 2020 as against Rs 64.59 crore during the previous year ended March 2019.

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Compucom Software will hold a meeting of the Board of Directors of the Company on 27 May 2020.

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