Arshiya Limited at its Board meeting held on May 24, 2018, approved the appointment of Mr. T. S. Bhattacharya as an Independent Director (Additional Director) of the company. He shall hold office as an Independent Director for a period of 5 years subject To Approve the shareholders at upcoming AGM.

The company announced audited standalone and consolidated earnings results for fourth quarter and full year ended March 31, 2018. For the quarter, the company reported standalone revenues from operations were INR 183.102 million against revenues from operations of INR 200.414 million a year ago. Loss before exceptional and tax was INR 53.162 million against loss before exceptional and tax of INR 151.868 million a year ago. Profit before tax was INR 1,073.159 million against profit before tax of INR 172.199 million a year ago. Profit after tax was INR 1,073.159 million against profit after tax of INR 172.199 million a year ago. Diluted earnings per share were INR 4.56 against diluted per share of INR 1.1 a year ago.

For the full year, the company reported standalone revenues from operations were INR 854.202 million against revenues from operations of INR 807.339 million a year ago. Loss before exceptional and tax was INR 809.776 million against loss before exceptional and tax of INR 904.768 million a year ago. Profit before tax was INR 519.908 million against loss before tax of INR 701.764 million a year ago. Profit after tax was INR 519.908 million against loss after tax of INR 701.764 million a year ago. Diluted earnings per share were INR 2.84 against diluted loss per share of INR 4.49 a year ago.

For the quarter, the company reported consolidated revenues from operations were INR 658.587 million against revenues from operations of INR 773.558 million a year ago. Loss before exceptional and tax was INR 522.803 million against loss before exceptional and tax of INR 788.955 million a year ago. Profit before tax was INR 3,221.152 million against loss before tax of INR 781.224 million a year ago. Profit attributable to owners of the parent was INR 3,222.29 million against loss attributable to owners of the parent of INR 781.487 million a year ago. Diluted earnings per share were INR 13.49 against diluted loss per share of INR 5 a year ago.

For the full year, the company reported consolidated revenues from operations were INR 2,590.669 million against revenues from operations of INR 2,688.514 million a year ago. Loss before exceptional and tax was INR 3,439.834 million against loss before exceptional and tax of INR 3,592.984 million a year ago. Profit before tax was INR 507.486 million against loss before tax of INR 3,826.19 million a year ago. Profit attributable to owners of the parent was INR 504.744 million against loss attributable to owners of the parent of INR 3,826.453 million a year ago. Diluted earnings per share were INR 2.76 against diluted loss per share of INR 24.51 a year ago.