Vertex Securities Limited Announces Unaudited Standalone and Consolidated Earnings Results for the Third Quarter and First Nine Months Ended December 31, 2015
January 25, 2016 at 01:08 pm
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Vertex Securities Limited announced unaudited standalone and consolidated earnings results for the third quarter and first nine months ended December 31, 2015. For the quarter, on standalone basis, the company announced net income from operations of INR 9.943 million compared to INR 8.754 million a year ago. Loss from operations before other income, finance costs and exceptional items were INR 1.539 million compared to INR 2.844 million a year ago. Loss from ordinary activities before tax was INR 3.209 million compared to INR 3.468 million a year ago. Net loss was INR 3.209 million or INR 0.04 per diluted share for before and after extraordinary items compared to INR 3.468 million or INR 0.07 per diluted share for before and after extraordinary items a year ago.
For the first nine months, on standalone basis, the company announced net income from operations of INR 28.564 million compared to INR 31.685 million a year ago. Loss from operations before other income, finance costs and exceptional items were INR 4.034 million compared to INR 4.708 million a year ago. Loss from ordinary activities before tax was INR 8.274 million compared to INR 4.163 million a year ago. Net loss was INR 8.274 million or INR 0.11 per diluted share for before and after extraordinary items compared to INR 4.163 million or INR 0.06 per diluted share for before and after extraordinary items a year ago.
For the quarter, on consolidated basis, the company announced net income from operations of INR 11.612 million compared to INR 10.683 million a year ago. Loss from operations before other income, finance costs and exceptional items were INR 1.837 million compared to INR 3.068 million a year ago. Loss from ordinary activities before tax was INR 3.536 million compared to INR 3.728 million a year ago. Net loss was INR 3.536 million or INR 0.05 per diluted share for before and after extraordinary items compared to INR 3.728 million or INR 0.05 per diluted share for before and after extraordinary items a year ago.
For the first nine months, on consolidated basis, the company announced net income from operations of INR 10.683 million compared to INR 37.289 million a year ago. Loss from operations before other income, finance costs and exceptional items were INR 3.068 million compared to INR 5.430 million a year ago. Loss from ordinary activities before tax was INR 8.558 million compared to INR 5.304 million a year ago. Net loss was INR 8.558 million or INR 0.12 per diluted share for before and after extraordinary items compared to INR 5.304 million or INR 0.07 per diluted share for before and after extraordinary items a year ago.
Vertex Securities Limited is a stock broking company. The Company is primarily engaged as stock and securities broker and providing the financial services. The Company provides brokerage services in equity, equity derivatives and currency derivative segments through its network of branches and franchisees and provides commodity broking through its subsidiary company, Vertex Commodities and Finpro Private Limited. It offers a range of end-to-end online digital platform for trading in equity and derivatives (futures and options). It provides a range of technology for trading or investing in stock, commodities, currency markets, initial public offerings (IPOs), mutual funds through mobile, laptop and Web applications. It offers VIA VERTEX a trading application, which provides a single-window access to the Indian stock market, facilitating trading, viewing of stock holdings, trade details, margin, pay-in, pay-out, and all other required data.
Vertex Securities Limited Announces Unaudited Standalone and Consolidated Earnings Results for the Third Quarter and First Nine Months Ended December 31, 2015
VERTEX SECURITIES LIMITED 
