Practical Methods It Services Private Limited logo

Practical Methods It Services Private Limited

Provides IT and engineering services globally, including training, consulting, and talent acquisition.
2013 | Bangalore, Karnataka (India) | Active

Last Updated:

July 11, 2024
HomeCompanyPractical Methods It Services Private Limited

Who are the key members and board of directors at Practical Methods It Services?

Board Members(2)

NameDesignationAppointment DateStatus
Cauvery Ramakrishna In Director 22-Nov-2019Current
Prabhakaran Shivakumar In Director 30-Apr-2013Current

Financial Performance and Corporate Structure Insights of Practical Methods It Services.

Practical Methods It Services Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 46.59% decrease. The company also saw a substantial fall in profitability, with a 173.95% decrease in profit. The company's net worth observed a substantial decline by a decrease of 32.5%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-46.59%
Revenue from Operations
-47.05%
Total Assets
-14.01%
Profit or Loss
-173.95%
Net Worth
-32.50%
EBITDA
56.34%

Related Corporates (Common Directorship)

Charges (Loans)

Charges

There are no open charges registered against the company as per our records.

How Many Employees Work at Practical Methods It Services?

Practical Methods It Services has a workforce of 4 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

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Latest Updates, News, and FAQs on Practical Methods It Services

Recent activity within the organization

  • Annual General Meeting

    Practical Methods It Services Private Limited last Annual general meeting of members was held on 08 Sep 2023 as per latest MCA records.

    08 Sep 2023

  • Balance Sheet

    Practical Methods It Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Cauvery Adiga Herga Ramakrishna was appointed as a Director was appointed as a Director on 22 Nov 2019 & has been associated with this company since 5 years 29 days .

    22 Nov 2019

  • Director Appointment

    Prabhakaran Shivakumar was appointed as a Director was appointed as a Director on 30 Apr 2013 & has been associated with this company since 11 years 7 months .

    30 Apr 2013

  • Company Incorporation

    Practical Methods It Services Private Limited was registered on 30 Apr 2013 with Roc Bangalore & aged 11 years 7 months as per MCA records.

    30 Apr 2013

Frequently asked questions

  • Practical Methods It Services Private Limited was incorporated on 30 Apr 2013.

  • The authorized share capital of Practical Methods It Services Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.

  • Currently 2 directors are associated with Practical Methods It Services Private Limited.

    • Cauvery Adiga Herga Ramakrishna
    • Prabhakaran Shivakumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Practical Methods It Services Private Limited is 386 5A Cross 8 Main Beml Layout, Thubarahlli White Field, Bangalore, Karnataka, India, 560066.

  • The corporate identification number (CIN) of Practical Methods It Services Private Limited is U72900KA2013PTC068824 and the company number is 068824 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Practical Methods It Services Private Limited is https://www.practical-methods.com

  • According to the financial reports for the fiscal year 2020, the revenue trend for Practical Methods It Services Private Limited has fallen by -46.59%.

  • As Per 2020 financial reports, 4 employees are currently employed by Practical Methods It Services Private Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Practical Methods It Services Private Limited has experienced an downturn of -32.50%.

  • The most recent Balance Sheet for Practical Methods It Services Private Limited was filed with the ROC on 31 Mar 2023.

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