Cindrella Financial Services Limited Reports Unaudited Standalone Earnings Results for the Fourth Quarter and Year Ended March 31, 2017
Cindrella Financial Services Limited reported unaudited standalone earnings results for the fourth quarter and year ended March 31, 2017. For the quarter, the company’s net sales/income from operations (net of excise duty) was INR 0.449 million compared to INR 0.092 million a year ago. Loss from operations before other income, finance cost and exceptional items were INR 0.051 million compared to loss of INR 0.056 million a year ago. Loss from ordinary activities before tax was INR 0.034 million compared to loss of INR 0.056 million a year ago. Net loss was INR 0.485 million compared to loss of INR 0.055 million for the same period a year ago.
For the year end, the company’s net sales/income from operations (net of excise duty) was INR 0.695 million compared to INR 0.384 million a year ago. Loss from operations before other income, finance cost and exceptional items were INR 0.280 million compared to loss of INR 0.167 million a year ago. Profit from ordinary activities before tax was INR 2.369 million compared to loss of INR 0.165 million a year ago. Net profit was INR 1.918 million compared to loss of INR 0.163 million for the same period a year ago. Basic and diluted loss per share was INR 0.58 against loss of 0.02 a year ago.