STI India Ltd. Reports Audited Standalone Earnings Results for the Fourth Quarter and Year Ended March 31, 2018
STI India Ltd. reported audited standalone earnings results for the fourth quarter and year ended March 31, 2018. For the quarter, the company reported net sales/income from operations (net of GST) of INR 34.791 million compared to INR 124.107 million a year ago. Loss before exceptional items & tax was INR 51.166 million compared to INR 32.164 million a year ago. Loss before tax was INR 50.926 million compared to INR 32.894 million a year ago. Net loss from continuing operations was INR 50.926 million compared to INR 32.894 million a year ago. Net loss was INR 50.926 million or INR 1.76 per basic and diluted share compared to INR 32.894 million or INR 1.13 per basic and diluted share a year ago.
For the year, the company reported net sales/income from operations (net of GST) of INR 373.283 million compared to INR 469.719 million a year ago. Loss before exceptional items & tax was INR 73.343 million compared to INR 79.079 million a year ago. Loss before tax was INR 73.349 million compared to INR 79.802 million a year ago. Net loss from continuing operations was INR 73.349 million compared to INR 79.802 million a year ago. Net loss was INR 73.349 million or INR 2.53 per basic and diluted share compared to INR 79.802 million or INR 2.75 per basic and diluted share a year ago.