SQS India BFSI : Q1FY18 result

DSIJ Intelligence / 27 Jul 2017

SQS India BFSI : Q1FY18 result

The company's total sales for Q1FY18 came in at Rs 60 crore, which represents a 4.35 per cent sequential increase and 17.92 per cent YoY decline.

SQS India BFSI Ltd. reported its results for the quarter ended June 30, 2017 today.

The company's total sales for Q1FY18 came in at Rs 60 crore, which represents a 4.35 per cent sequential increase and 17.92 per cent YoY decline.

Its operating profit (EBIT) for the quarter amounted to Rs 10.2 crore and its EBIT margin stood at 17 per cent.

The company reported PAT of Rs. 9 crore, which represents a sequential QoQ increase of 100 per cent and a YoY decline of 1.1 per cent.

SQS India BFSI is engaged in providing software testing services. The company primarily delivers software validation and verification services to the banking and financial services industry around the world. Its services include quality and risk management, test management, non-functional testing, test technology support, and project and business consulting.