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Majestic Research Services and Solutions Ltd. Announces Half Yearly Results Ending September 30, 2015


News provided by

MRSS India

06 Nov, 2015, 10:43 IST

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PR NEWSWIRE INDIA - Majestic MRSS Logo (PRNewsFoto/Majestic MRSS)
PR NEWSWIRE INDIA - Majestic MRSS Logo (PRNewsFoto/Majestic MRSS)

MUMBAI, November 6, 2015 /PRNewswire/ --

Majestic Research Services and Solutions Ltd. (MRSS India) a leading digital Market Research Agency in India has announced Financial results for the First Half Year Ended September 30,2015 on November 5th 2015 at 5 PM IST from its Corporate Office in Mumbai. The results are also available on http://www.mrssindia.com.

     (Logo: http://photos.prnewswire.com/prnh/20130912/10075151-a )

The unaudited Standalone results for the half year ended September 30th 2015: During the first half year under review, Operating revenue of the Company was Rs. 53,947,076 as compared to Rs. 55,076,925 in the previous whole year 2014-15. The Company earned a half year profit after tax of Rs. 77.21 Lac as compared to Rs. 53.29 Lac in the previous year 2014 - 15.

In accordance to SEBI guidelines, the exchange has reviewed the lot size of Majestic Research Services and Solutions Ltd. (Scrip Name - MRSS, Scrip Code - 539229) from 10,000 shares to 5,000 shares. The effective date of the share lot revision will be from Thursday, November 5th 2015.

Commenting on MRSS half year 2015 results Raj Sharma, Chairman - MRSS India.com, said: "During the first half of 2015, MRSS continued to take a number of important steps in executing our growth strategy. The Board is pleased with its investment in new research technologies and its business performance. It is encouraging that new improved research technologies have again delivered a sustainable increase in revenue and profits."

Financial Highlights for the Half Year Ended September 30, 2015 

    
 
       Particulars                 FY 2015-16              FY 2014-15
                                  (Upto Sept 2015)*
     Operating Revenue              53,947,076             55,076,925
     EBITDA Margin (%)              23.63                  19.11
     Profit Before Tax (%)          20.71                  14.09
     Profit After Tax (%)           14.31                  9.68
     Return on Capital Employed (%) 18.05                  17.73
     Return on Net Worth (%)        15.69                  14.47
     Book Value Per Share ( In Rs)  16.07                  12.27
 
     * Figures Mentioned in % are not Annualised.

About Majestic Research Services and Solutions Ltd. 

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 Limited, - 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.

For further enquiries, please contact:  

Mr. Raj Sharma - Chairman
[email protected]  

Mr. Sarang Panchal - Managing Director 
[email protected]

For Investor Relations:

Sonali Gamne - Company Secretary
[email protected] / [email protected]
+91-022-26527276

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