Ram Minerals and Chemicals Limited Reports Audited Earnings Results for the Fourth Quarter and Year Ended March 31, 2017
Ram Minerals and Chemicals Limited reported audited earnings results for the fourth quarter and year ended March 31, 2017. For the quarter, the company reported net sales/income from operations of INR 171.239 million compared with INR 49.502 million a year ago. Loss from operations before other income, interest and exceptional items was INR 3.069 million compared to INR 3.058 million a year ago. Profit from ordinary activities before tax was INR 0.524 million compared to INR 0.662 million a year ago. Net profit for the period was INR 0.362 million compared to INR 0.662 million a year ago. Basic and diluted earnings per share before and after extraordinary items was INR 0.01 compared to INR 0.02 a year ago.
For the full year, the company reported net sales/income from operations of INR 329.896 million compared with INR 317.867 million a year ago. Loss from operations before other income, interest and exceptional items was INR 2.585 million compared to INR 2.551 million a year ago. Profit from ordinary activities before tax was INR 0.997 million compared to INR 1.217 million a year ago. Net profit for the period was INR 0.689 million compared to INR 0.841 million a year ago. Basic and diluted earnings per share before and after extraordinary items was INR 0.02 compared with INR 0.02 a year ago.