Vertex Securities Limited Reports Unaudited Standalone and Consolidated Earnings Results for the Third Quarter and Nine Months Ended December 31, 2012
January 28, 2013
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Vertex Securities Limited reported unaudited standalone and consolidated earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, on standalone basis, the company reported net loss of INR 2.612 million or INR 0.04 per diluted share before and after extraordinary items compared to net loss of INR 2.273 million or INR 0.03 per diluted share before and after extraordinary items a year ago. Total income was INR 18.113 million compared to INR 19.358 million a year ago. Loss from operations before other income, finance cost & exceptional items was INR 2.965 million compared to INR 2.116 million a year ago.
For the nine months, on standalone basis, the company reported net loss of INR 8.735 million or INR 0.12 per diluted share before and after extraordinary items compared to net loss of INR 8.161 million or INR 0.12 per diluted share before and after extraordinary items a year ago. Total income was INR 54.295 million compared to INR 63.734 million a year ago. Loss from operations before other income, finance cost & exceptional items was INR 10.675 million compared to INR 6.242 million a year ago.
For the quarter, the company reported on consolidated basis, net loss of INR 2.956 million or INR 0.04 per diluted share before and after extraordinary items compared to net loss of INR 6.867 million or INR 0.10 per diluted share before and after extraordinary items a year ago. Total income was INR 24.581 million compared to INR 24.312 million a year ago. Loss from operations before other income, finance cost & exceptional items was INR 2.888 million compared to INR 4.340 million a year ago.
For the nine months, the company reported on consolidated basis, net loss of INR 9.265 million or INR 0.13 per diluted share before and after extraordinary items compared to net loss of INR 16.975 million or INR 0.25 per diluted share before and after extraordinary items a year ago. Total income was INR 75.810 million compared to INR 84.936 million a year ago. Loss from operations before other income, finance cost & exceptional items was INR 9.854 million compared to INR 9.097 million 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 
