Net profit of Megasoft declined 98.11% to Rs 0.04 crore in the quarter ended March 2019 as against Rs 2.12 crore during the previous quarter ended March 2018. Sales rose 18.38% to Rs 18.81 crore in the quarter ended March 2019 as against Rs 15.89 crore during the previous quarter ended March 2018.

For the full year,net profit declined 80.47% to Rs 0.33 crore in the year ended March 2019 as against Rs 1.69 crore during the previous year ended March 2018. Sales declined 6.63% to Rs 61.87 crore in the year ended March 2019 as against Rs 66.26 crore during the previous year ended March 2018.

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Megasoft will hold a meeting of the Board of Directors of the Company on 28 May 2019.

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Net profit of Megasoft reported to Rs 0.24 crore in the quarter ended December 2018 as against net loss of Rs 0.54 crore during the previous quarter ended December 2017. Sales declined 19.74% to Rs 14.80 crore in the quarter ended December 2018 as against Rs 18.44 crore during the previous quarter ended December 2017.

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Megasoft will hold a meeting of the Board of Directors of the Company on 14 February 2019.

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