D-Link Limited Reports Unaudited Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2016
January 21, 2017 at 04:23 am
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D-Link (India) Limited reported unaudited standalone earnings results for the third quarter and nine months ended December 31, 2016. For the quarter, the company reported net sales/income from operations of INR 1,871.058 million against INR 1,699.503 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 128.848 million against INR 104.158 million a year ago. Profit from ordinary activities before tax was INR 139.117 million against INR 106.231 million a year ago. Net profit for the period was INR 90.973 million or INR 2.56 per share basic and diluted before and after extraordinary items against INR 69.478 million or INR 1.96 per share basic and diluted before and after extraordinary items a year ago.
For the nine months, the company reported net sales/income from operations of INR 5,415.524 million against INR 5,161.748 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 246.359 million against INR 232.859 million a year ago. Profit from ordinary activities before tax was INR 260.835 million against INR 236.511 million a year ago. Net profit for the period was INR 171.900 million or INR 4.84 per share basic and diluted before and after extraordinary items against INR 152.166 million or INR 4.29 per share basic and diluted before and after extraordinary items a year ago.
D-Link (India) Limited is an India-based networking company. The Company is engaged in the in designing and developing networking and connectivity products for consumers, small businesses, medium to large-sized enterprises, and service providers. The Company is involved in marketing and distribution of D-Link branded networking products. Its operating activities include the research, development, and sale of local area computer network systems, wireless local area computer networks (LANs) and spare parts for integrated circuits. It implements and supports unified network solutions that integrate capabilities in switching, wireless, broadband storage, IP surveillance, cloud-based network management, and structured cabling. The Company produces switches, routers, modems, voice over Internet protocol products, surveillance equipment, print servers, ethernet cards and broadband equipment. The Company's subsidiary is TeamF1 Networks Private Limited.