Ballarpur Industries Limited Reports Audited Consolidated and Standalone Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2018 and Audited Standalone Earnings Results for the Six Months Ended March 31, 2018
May 22, 2018 at 06:58 pm
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Ballarpur Industries Limited reported audited standalone earnings results for the fourth quarter and six months and standalone and consolidated earnings results for the full year ended March 31, 2018. For the quarter, on consolidated basis, the company reported revenue from operations of INR 7,282.3 million against INR 3,792.6 million a year ago. Total income was INR 7,638.6 million against INR 4,139.9 million a year ago. Profit before exceptional items and tax was INR 691.0 million against loss of INR 4,423.0 million a year ago. Loss before tax was INR 1,210.2 million against INR 5,476.0 million a year ago. Profit for the period from continuing operations was INR 455.5 million or INR 0.00 per basic and diluted share against loss of INR 5,327.1 million or INR 6.05 per basic and diluted share a year ago. Net loss attributable to owners of the company was INR 5,689.9 million against INR 5,104.5 million a year ago. Basic and diluted loss per equity share was INR 4.40 compared to INR 7.79 a year ago.
For the full year, on consolidated basis, the company reported revenue from operations of INR 25,046.9 million against INR 21,256.0 million a year ago. Total income was INR 25,721.4 million against INR 22,363.9 million a year ago. Loss before exceptional items and tax was INR 8,404.2 million against loss of INR 14,104.9 million a year ago. Loss before tax was INR 10,305.4 million against INR 17,167.9 million a year ago. Loss for the period from continuing operations was INR 8,641.1 million or INR 6.24 per basic and diluted share against loss of INR 15,813.8 million or INR 19.41 per basic and diluted share a year ago. Net loss attributable to owners of the company was INR 13,949.5 million against INR 15,710.9 million a year ago. Basic and diluted loss per equity share was INR 12.77 compared to INR 23.97 a year ago.
For the quarter, on standalone basis, the company reported revenue from operations of INR 1,084.0 million against INR 824.9 million a year ago. Total income was INR 1,302.3 million against INR 896.1 million a year ago. Loss before exceptional items and tax was INR 428.3 million against INR 910.8 million a year ago. Loss before tax was INR 2,121.2 million against INR 1,415.7 million a year ago. Loss for the period from continuing operations was INR 659.0 million or INR 0.51 per basic and diluted share against INR 1,415.7 million or INR 2.16 per basic and diluted share a year ago. Net loss attributable to owners of the company was INR 659.0 million against INR 1,415.7 million a year ago. Basic and diluted loss per share was INR 0.51 compared to INR 2.16 a year ago.
For the full year, on standalone basis, the company reported revenue from operations of INR 3,032.6 million against INR 2,238.6 million a year ago. Total income was INR 3,580.9 million against INR 2,943.6 million a year ago. Loss before exceptional items and tax was INR 2,880.2 million against INR 4,537.7 million a year ago. Loss before tax was INR 4,573.1 million against INR 7,052.6 million a year ago. Loss for the period from continuing operations was INR 3,110.9 million or INR 2.85 per basic and diluted share against INR 6,798.4 million or INR 10.37 per basic and diluted share a year ago. Net loss attributable to owners of the company was INR 3,110.9 million against INR 6,798.4 million a year ago. Basic and diluted loss per share was INR 2.85 compared to INR 10.37 a year ago.
For the six months, on standalone basis, the company reported revenue from operations of INR 1,907.1 million against INR 903.2 million a year ago. Total income was INR 2,240.9 million against INR 1,372.1 million a year ago. Loss before exceptional items and tax was INR 1,227.5 million against INR 1,928.8 million a year ago. Loss before tax was INR 2,920.4 million against INR 2,433.7 million a year ago. Loss for the period was INR 1,458.2 million or INR 1.13 per basic and diluted share against INR 2,433.7 million or INR 3.71 per basic and diluted share a year ago.
Ballarpur Industries Limited is an India-based company, which is engaged in the business of f manufacturing and selling of writing and printing paper (Coated and Uncoated) and Pulp. The Companyâs segments include Uncoated Paper, Coated Paper, and Others. The Company operates two through two separate groups of subsidiaries and joint venture: one under the flagship entity BILT, and the other under its step-down subsidiary BILT Pape. Under the standalone entity, BILT, the direct assets include specialty paper business, operating from the Shree Gopal facility in Haryana; rayon grade pulp business operating from Kamalapuram in Telangana, and tissue paper business operating through its joint venture, Premier Tissues (India) Limited. Its other businesses comes under Bilt Paper B.V., which focuses on the woodfree printing and writing paper, coated and uncoated. The Company has six manufacturing operations across six production units, five of which are in India and one in Malaysia.
Ballarpur Industries Limited Reports Audited Consolidated and Standalone Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2018 and Audited Standalone Earnings Results for the Six Months Ended March 31, 2018