Achal Investments Limited Reports Unaudited Standalone Earnings Results for the Fourth Quarter and Year Ended March 31, 2016
Achal Investments Limited reported unaudited standalone earnings results for the fourth quarter and year ended March 31, 2016. For the quarter, the company reported net sales/income from operations of INR 3,242,168.00 compared to INR 3,157,545.54 a year ago. Profit from operations before other income, interest and exceptional items were of INR 252,553.67 compared to INR 178,107.40 a year ago. Profit from ordinary activities before tax was of INR 252,553.67 compared to INR 178,107.40 a year ago. Net profit was of INR 33,714.67 million compared to INR 30,316.40 a year ago.
For the year, the company reported net sales/other income of INR 13,363,438.00 compared to INR 13,557,971.54 a year ago. Profit from operations before other income, interest and exceptional items were of INR 760,580.65 compared to INR 684,385.14 a year ago. Profit from ordinary activities before tax was of INR 766,580.65 compared to INR 684,385.14 a year ago. Net profit was of INR 533,777.65 million compared to INR 461,238.14 a year ago.