KDDL Limited Reports Unaudited Standalone and Consolidated Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2017
May 30, 2017 at 03:25 pm
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KDDL Limited reported unaudited standalone and consolidated earnings results for the fourth quarter and full year ended March 31, 2017. For the quarter, on standalone basis, the company's revenue from operations was INR 304.4 million compared to INR 311.3 million a year ago. Profit before exceptional and extraordinary items and tax was INR 26.4 million compared to INR 36.6 million a year ago. Profit from ordinary activities before tax was INR 26.4 million compared to INR 36.6 million a year ago. Net profit was INR 16.7 million compared to INR 25.7 million a year ago. Basic and diluted earnings per share before and after extraordinary items were INR 1.54 compared to INR 2.54 a year ago.
For the year, on standalone basis, the company's revenue from operations was INR 1,256.3 million compared to INR 1,190.1 million a year ago. Profit before exceptional and extraordinary items and tax was INR 111.1 million compared to INR 97.2 million a year ago. Profit from ordinary activities before tax was INR 111.1 million compared to INR 97.2 million a year ago. Net profit was INR 71.5 million compared to INR 65.9 million a year ago. Basic and diluted earnings per share before and after extraordinary items were INR 6.93 compared to INR 6.85 a year ago. EBITDA was INR 217 million compared to INR 208 million a year ago.
For the quarter, on consolidated basis, the company's revenue from operations was INR 1,033.0 million compared to INR 1,067.3 million a year ago. Loss before exceptional and extraordinary items and tax was INR 2.1 million compared to INR 29.3 million a year ago. Loss from ordinary activities before tax was INR 2.1 million compared to INR 29.3 million a year ago. Net loss was INR 11.8 million compared to INR 47.0 million a year ago. Basic and diluted loss per share before and after extraordinary items was INR 1.30 compared to INR 3.06 a year ago.
For the year, on consolidated basis, the company's revenue from operations was INR 4,553.6 million compared to INR 4,497.8 million a year ago. Profit before exceptional and extraordinary items and tax was INR 40.8 million compared to INR 79.0 million a year ago. Profit from ordinary activities before tax was INR 40.8 million compared to INR 79.0 million a year ago. Net profit was INR 0.8 million compared to INR 41.9 million a year ago. Basic and diluted earnings per share before and after extraordinary items were INR 0.63 compared to INR 5.52 a year ago. EBITDA was INR 269 million compared to INR 295 million a year ago.
KDDL Limited is an India-based engineering company. The Company is engaged in manufacturing of watch components (watch dials and watch hands), precision engineering components and press tools. The Companyâs segments include Precision and watch components, Watch, accessories and other luxury items and related services, and Others. Its Precision and watch components segment is engaged in manufacturing and distribution of dials, watch hands and precision components. Its Watch, accessories and other luxury items and related services segment is engaged in the trading of watches and accessories. Its Others segment is engaged in manufacturing and distribution of packaging boxes. It also manages the retail chain luxury Swiss watches in the organized sector through its subsidiary, Ethos Limited. Its other subsidiaries include Mahen Distribution Limited, Pylania SA and ESTIMA AG. It has manufacturing facilities at Parwanoo (Himachal Pradesh), Derabassi (Punjab), and Bangalore (Karnataka).
KDDL LIMITED 
