Boston Leasing and Finance Limited Reports Audited Earnings Results for the Year Fourth Quarter and Year Ended March 31, 2016
Boston Leasing and Finance Limited reported audited earnings results for the year fourth quarter and year ended March 31, 2016. For the quarter, the company reported net sales/income from operations of INR 1.394 million against INR 0.60 million a year ago. Profit from operations before finance costs and exceptional items were INR 1.158 million against INR 0.334 million a year ago. Profit from ordinary activities before tax was INR 1.158 million compared to INR 0.334 million a year ago. Net profit for the period was INR 1.158 million against INR 0.334 million a year ago. Basic and diluted earnings per share were INR 0.168 against INR 0.048 a year ago.
For the year, the company reported net sales/income from operations was INR 1.659 million against INR 1.126 million a year ago. Profit from operations before finance costs and exceptional items was INR 0.882 million against INR 0.354 million a year ago. Profit from ordinary activities before tax was INR 0.882 million compared to INR 0.354 million a year ago. Net profit was INR 0.770 million against INR 0.244 million a year ago. Basic and diluted earnings per share were INR 0.111 against INR 0.035 a year ago.