TRF Limited Reports Unaudited Consolidated and Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2017
January 29, 2018 at 05:27 am
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TRF Limited reported unaudited consolidated and standalone earnings results for the third quarter and nine months ended December 31, 2017. For the quarter, on standalone basis, the company reported net sales/income from operations of INR 896.807 million against INR 1,175.411 million a year ago. Loss before exception items and tax was INR 284.307 million against INR 238.761 million a year ago. Loss before tax was INR 284.307 million against INR 238.761 million a year ago. Net loss for the period was INR 284.307 million or INR 25.84 per basic and diluted share before and after extraordinary items against INR 238.761 million or INR 21.70 per basic and diluted share before and after extraordinary items for the same period a year ago.
For the nine months, on standalone basis, the company reported net sales/income from operations of INR 2,729.342 million against INR 3,457.076 million a year ago. Loss before exception items and tax was INR 1,002.590 million against INR 417.863 million a year ago. Loss before tax was INR 1,002.590 million against INR 417.863 million a year ago. Net loss for the period was INR 806.775 million or INR 73.31 per basic and diluted share before and after extraordinary items against INR 308.615 million or INR 28.04 per basic and diluted share before and after extraordinary items for the same period a year ago.
For the quarter, on consolidated basis, the company reported net sales/income from operations of INR 2,585.121 million against INR 2,312.622 million a year ago. Loss before share of profit (loss) of joint ventures, exceptional items and tax was INR 237.012 million against INR 234.684 million a year ago. Loss before tax was INR 216.572 million against INR 236.840 million a year ago. Net loss for the period was INR 237 million or INR 21.53 per basic and diluted share before and after extraordinary items against INR 244.610 million or INR 22.23 per basic and diluted share before and after extraordinary items for the same period a year ago.
For the nine months, on consolidated basis, the company reported net sales/income from operations of INR 7,327.2 million against INR 6,973.510 million a year ago. Loss before share of profit (loss) of joint ventures, exceptional items and tax was INR 818.361 million against INR 434.856 million a year ago. Loss before tax was INR 779.347 million against INR 410.4 million a year ago. Net loss for the period was INR 647.586 million or INR 59.85 per basic and diluted share before and after extraordinary items against INR 319.931 million or INR 29.02 per basic and diluted share before and after extraordinary items for the same period a year ago.
TRF Limited is an India-based company. The Company offers manufacturing services, technical services, project management and life cycle and allied services. It undertakes turnkey projects of material handling for the infrastructure sector, such as power and ports and industrial sector, such as steel plants, cement, fertilizers, and mining. The Company's segments include Products & Services, and Projects & Services. It offers design and engineering services for projects, quality control and assurance services and health assessment services of plants and equipment. It focuses on planning, budgeting and control, erection and commissioning services, and execution of EPC projects in power, steel, port, and mining sectors. It is also engaged in production of such material handling equipmentâs at its manufacturing facility at Jamshedpur. The Company uses its manufacturing facility with its commissioning capabilities to install bulk material handling plant and equipment on a supply basis.
TRF LIMITED 
