Ennore Coke Limited Reports Audited Standalone Earnings Results for the Fourth Quarter and Year Ended March 31, 2016
Ennore Coke Limited reported audited standalone earnings results for the fourth quarter and year ended March 31, 2016. For the quarter, the company reported net sales/income from operations (net of excise duty) of INR 69.249 million against INR 1,581.419 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 205.988 million against INR 218.082 million a year ago. Loss from ordinary activities before tax was INR 222.678 million compared to INR 127.897 million for the same period a year ago. Net loss was INR 287.815 million or INR 18.57 basic and diluted loss per share against INR 120.944 million or INR 7.80 basic and diluted loss per share a year ago.
For the year, the company reported net sales/income from operations (net of excise duty) of INR 700.787 million against INR 3,411.330 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 494.720 million against INR 879.085 million a year ago. Loss from ordinary activities before tax was INR 549.297 million compared to INR 543.405 million for the same period a year ago. Net loss was INR 731.225 million or INR 47.18 basic and diluted loss per share against INR 536.452 million or INR 34.61 basic and diluted loss per share a year ago.