Rapid Growth for MRSS India

In Mumbai, digital MR agency MRSS India has released results for the half year ended September 30th, with revenue matching that for the previous full year at Rs 54m ($US 0.81m).

In June, the company became the first MR agency to be listed on the Bombay Stock Exchange. The latest results show EBITDA Margin up from 19.1% to 23.6%, and improvements in profit before and after tax, return on capital and net worth. Half year profit after tax was Rs. 7.7m, vs Rs. 5.3m for the whole of financial 2014-15.

Chairman Raj Sharma (pictured) called the results 'positive'.

The company also announced that the exchange had reviewed the lot size of its shares, reducing it from 10,000 to 5,000.

Web site: www.mrssindia.com .

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.

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