Richa Industries Ltd Reports Audited Standalone Earnings Results for the Fourth Quarter and Full Year Ended of March 31, 2016
Richa Industries Ltd. reported audited standalone earnings results for the fourth quarter and full year ended of March 31, 2016. For the quarter, on a standalone basis, the company reported net sales/income from operations of INR 1,239.418 million compared to INR 1,206.663 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 613.866 million compared to INR 112.639 million a year ago. Profit from ordinary activities before tax was INR 11.524 million compared to INR 35.986 million a year ago. Net profit for the period was INR 9.120 million compared to INR 21.108 million a year ago. Basic and diluted earnings per share before extraordinary items was INR 0.14 compared to INR 1.59 a year ago. Basic and diluted earnings per share after extraordinary items was INR 0.14 compared to INR 1.59 a year ago.
For the full year, on a standalone basis, the company reported net sales/income from operations (net of excise duty) of INR 4,800.650 million compared to INR 3,023.119 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 397.995 million compared to INR 367.885 million a year ago. Profit from ordinary activities before tax was INR 130.218 million compared to INR 100.111 million a year ago. Net profit for the period was INR 105.910 million compared to INR 72.224 million a year ago. Basic and diluted earnings per share before extraordinary items were INR 4.27 compared to INR 3.89 a year ago. Basic and diluted earnings per share after extraordinary items were INR 4.52 compared to INR 3.24 a year ago.