DRNO - Daily Research News
News Article no. 21762
Published November 9 2015

 

 

 

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).

Raj SharmaIn 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 .

 

 
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