Mega Nirman & Industries Limited's Board Approves the Board Appointments; Announces Unaudited Earnings Results for Third Quarter and Nine Months Ended December 31, 2017
The company announced unaudited earnings results for third quarter and nine months ended December 31, 2017. For the quarter, the company reported total revenue from operations of INR 4,589,597, profit before exceptional items and tax of INR 653,351, profit before tax of INR 653,351, net profit for the period of INR 653,351 compared to total revenue from operations of INR 953,699, profit before exceptional items and tax of INR 24,847, profit before tax of INR 24,847, net profit for the period of INR 24,847 for the same quarter a year ago. Basic and diluted earnings per share (not annualized) were INR 0.20 against INR 0.01 a year ago.
For the year to date, the company reported total revenue from operations of INR 17,426,068, profit before exceptional items and tax of INR 2,031,010, profit before tax of INR 2,031,010, net profit for the period of INR 2,031,010 compared to total revenue from operations of INR 2,621,699, profit before exceptional items and tax of INR 63,194, profit before tax of INR 63,194, net profit for the period of INR 63,194 for the same quarter a year ago. Basic and diluted earnings per share (not annualized) were INR 0.61 against INR 0.02 a year ago.