Fairdeal Filaments Ltd Reports Standalone Audited Earnings Results for the Fourth Quarter and Year Ended March 31, 2016
Fairdeal Filaments Ltd. reported standalone audited earnings results for the fourth quarter and year ended March 31, 2016. For the quarter, the company reported net sales/income from operations of INR 541.382 million against INR 505.063 million for the same period a year ago. Profit before other income, interest & exceptional items were INR 7.918 million against INR 27.578 million for the same period a year ago. Profit from ordinary activities before tax was INR 5.675 million against INR 17.859 million a year ago. Net profit for the period was INR 3.605 million against INR 0.60 million for the same period a year ago. Basic and diluted EPS before and after extraordinary items was INR 0.60 against INR 2.79 for the same period a year ago.
For the year, the company reported net sales/income from operations of INR 1,911.474 million against INR 1,857.530 million for the same period a year ago. Profit before other income, interest & exceptional items were INR 65.116 million against INR 75.398 million for the same period a year ago. Profit from ordinary activities before tax was INR 24.143 million against INR 31.170 million a year ago. Net profit for the period was INR 17.086 million against INR 21.183 million for the same period a year ago. Basic and diluted EPS before and after extraordinary items was INR 2.82 against INR 5.25 for the same period a year ago.