York Exports Limited Reports Audited Standalone Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2017
York Exports Limited reported audited standalone earnings results for the fourth quarter and full year ended March 31, 2017. For the quarter, the company reported net sales/income from operations was of INR 7.989 million compared to INR 8.292 million a year ago. Loss from operations before other income, finance costs and exceptional items were of INR 8.344 million compared to INR 0.117 million a year ago. Loss from ordinary activities before tax was of INR 9.063 million compared to INR 1.388 million a year ago. Net loss was INR 9.063 million or INR 2.70 per share compared to INR 1.588 million or INR 0.47 per share a year ago.
For the year, the company reported net sales/income from operations was of INR 93.483 million compared to INR 120.820 million a year ago. Loss from operations before other income, finance costs and exceptional items were of INR 8.168 million compared to profit of INR 5.325 million a year ago. Loss from ordinary activities before tax was of INR 13.426 million compared to profit of INR 1.016 million a year ago. Net loss was INR 13.426 million or INR 3.99 per share compared to profit of INR 0.816 million or INR 0.24 per share a year ago.