Euro Ceramics Ltd. Reports Audited Standalone Earnings Results for Fourth Quarter and Year Ended March 31, 2017, and Consolidated Earnings Results for the Year Ended March 31, 2017
May 30, 2017 at 04:15 pm
Share
Euro Ceramics Ltd. reported audited standalone earnings results for fourth quarter and year ended March 31, 2017, and consolidated earnings results for the year ended March 31, 2017. For the quarter, on standalone basis, the company reported total income from operations (net) of INR 53.129 million against INR 132.515 million a year ago. Loss from operations before other income and finance costs and exceptional items was INR 42.333 million against loss of INR 93.487 million a year ago. Profit from operations before extra ordinary items and tax was INR 458.119 million against loss of INR 93.487 million a year ago. Net profit for the period was INR 712.770 million or INR 21.13 per basic and diluted share before and after extraordinary items against INR 66.278 million or INR 1.96 per basic and diluted share before and after extraordinary items a year ago.
For the year end, on standalone basis, the company reported total income from operations (net) of INR 127.117 million against INR 268.410 million a year ago. Loss from operations before other income and finance costs and exceptional items was INR 308.613 million against loss of INR 303.344 million a year ago. Profit from operations before extra ordinary items and tax was INR 191.839 million against loss of INR 303.344 million a year ago. Net profit for the period was INR 521.817 million or INR 15.47 per basic and diluted share before and after extraordinary items against loss of INR 122.730 million or loss of INR 3.64 per basic and diluted share before and after extraordinary items a year ago.
For the year end, on consolidated basis, the company reported total income from operations (net) of INR 128.041 million against INR 269.806 million a year ago. Loss from operations before other income and finance costs and exceptional items was INR 309.418 million against loss of INR 352.417 million a year ago. Profit from operations before extra ordinary items and tax was INR 191.034 million against loss of INR 352.417 million a year ago. Net profit for the period was INR 521.012 million or INR 15.44 per basic and diluted share before and after extraordinary items against loss of INR 171.874 million or loss of INR 5.09 per basic and diluted share before and after extraordinary items a year ago.
Euro Ceramics Limited is an India-based company. The Company provides porcelain tiles, sanitary ware, marbles, and wall tiles. The Company's segments include Tiles Division, Aluminum Division, Sanitaryware Division, and Realty Division. It offers vitrified tiles, composite marble, sanitary ware products, bathroom tiles and concepts, and tile-o-bond. The Companyâs vitrified tiles are designed to last, perfectly flat, stain-free, abrasion resistant, non-porous, intensely vitrified and extremely consistent in terms of color, strength and other properties. It provides a range of wall tiles with matching borders and motifs. Its vitrified tiles are manufactured in a sprawling factory at Bhachau, Kutch. It also has a Lignite-based 10MW captive power Plant for a stable supply of power at its plant. The Company serves sectors, such as Commercial Complexes, Residential, Retail, Information Technology (IT) Parks, and others.
Euro Ceramics Ltd. Reports Audited Standalone Earnings Results for Fourth Quarter and Year Ended March 31, 2017, and Consolidated Earnings Results for the Year Ended March 31, 2017