Inanna Fashion and Trends Limited Announces Audited Standalone Earnings Results for the Fourth Quarter and Year Ended March 31, 2017
Inanna Fashion and Trends Limited announced audited 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 2.461 million compared to INR 29.275 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 8.840 million compared to INR 3.245 million a year ago. Loss from ordinary activities before tax was INR 7.603 million compared to INR 3.007 million a year ago. Net loss for the period was INR 7.583 million compared to INR 2.999 million a year ago. Basic and diluted loss per share before and after extraordinary items was INR 0.71 compared to INR 0.28 a year ago.
For the year, the company's net sales/income from operations (net of excise duty) was INR 19.044 million compared to INR 90.577 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 15.348 million compared to INR 3.213 million a year ago. Loss from ordinary activities before tax was INR 13.035 million compared to INR 2.976 million a year ago. Net loss for the period was INR 13.015 million compared to INR 2.967 million a year ago. Basic and diluted loss per share before and after extraordinary items was INR 1.22 against INR 0.28 a year ago.