Epic Energy Limited Announces Board Changes; Reports Unaudited Earnings Results for the Second Quarter and Six Months Ended Sept. 30, 2017
The company reported unaudited earnings results for the second quarter and six months ended Sept. 30, 2017. For the quarter, the company's revenue from operations was INR 44.302 million against INR 49.893 million a year ago. Profit before exceptional items and extraordinary items and taxes was INR 0.233 million compared to INR 0.761 million a year ago. Profit before tax was INR 0.233 million compared to loss of INR 5.975 million a year ago. Net profit was INR 0.233 million or INR 0.03 per basic and diluted share compared to loss of INR 5.975 million or INR 0.89 per basic and diluted share for the same period a year ago.
For the six months, the company's revenue from operations was INR 87.980 million against INR 98.723 million a year ago. Loss before exceptional items and extraordinary items and taxes was INR 2.009 million compared to profit of INR 1.062 million a year ago. Loss before tax was INR 2.009 million compared to INR 5.674 million a year ago. Net loss was INR 2.009 million or INR 0.28 per basic and diluted share compared to INR 5.674 million or INR 0.85 per basic and diluted share for the same period a year ago.