L. P. Naval and Engineering Limited Reports Audited Earnings Results for the Second Half and Full Year Ended March 31, 2019
L. P. Naval and Engineering Limited reported audited earnings results for the second half and full year ended March 31, 2019. For the second half, the company reported net sales /income from operations was INR 93,066,720 compared to INR 6,006,157 a year ago. Total revenue was INR 93,080,736 compared to INR 6,033,659 a year ago. Profit from ordinary activities after tax from continuing operations was INR 9,598,708 compared to loss of INR 4,986,579 a year ago. Net profit for the period was INR 9,598,708 compared to loss of INR 4,986,579 a year ago. Basic and diluted share before and after extraordinary items was INR 1.67 compared to loss of INR 0.87 a year ago.
For the full year, the company reported net sales /income from operations was INR 112,977,558 compared to INR 10,528,710 a year ago. Total revenue was INR 113,005,445 compared to INR 10,556,212 a year ago. Profit from ordinary activities after tax from continuing operations was INR 10,068,902 compared to loss of INR 11,316,602 a year ago. Net profit for the period was INR 10,068,902 compared to loss of INR 11,316,602 a year ago. Basic and diluted share before and after extraordinary items was INR 1.75 compared to loss of INR 1.97 a year ago.