Nu Tek India Ltd. Reports Audited Consolidated and Standalone Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2015
For the year, on standalone basis, the company reported total net income from operations of INR 660.5 million compared to INR 1,392.319 million for the same period a year ago. Loss from operations before other income, finance costs and exceptional items of INR 32.9 million compared to INR 106.638 million for the same period a year ago. Profit from ordinary activities before tax of INR 6.5 million compared to loss from ordinary activities before tax of INR 280.993 million for the same period a year ago. Net profit for the period was INR 3.9 million or INR 0.02 per basic and diluted share (after extraordinary items) compared to net loss for the period of INR 280.402 million or INR 1.81 per basic and diluted share for the same period a year ago.
For the quarter, on consolidated basis, the company reported total net income from operations of INR 96.43 million compared to INR 375.508 million for the same period a year ago. Loss from operations before other income, finance costs and exceptional items of INR 20.5 million compared to INR 128.294 million for the same period a year ago. Loss from ordinary activities before tax of INR 26.3 million compared to INR 135.282 million for the same period a year ago. Net loss for the period was INR 25.98 million or INR 0.17 per basic and diluted share (after extraordinary items) compared to INR 132.136 million or INR 0.86 per basic and diluted share for the same period a year ago.
For the year, on consolidated basis, the company reported total net income from operations of INR 816.44 million compared to INR 1,565.399 million for the same period a year ago. Loss from operations before other income, finance costs and exceptional items of INR 12.3 million compared to INR 131.387 million for the same period a year ago. Loss from ordinary activities before tax of INR 39.1 million compared to INR 306.317 million for the same period a year ago. Net loss for the period was INR 42.3 million or INR 0.27 per basic and diluted share (after extraordinary items) compared to INR 303.306 million or INR 1.96 per basic and diluted share for the same period a year ago.