Arihant Capital Markets Limited Reports Unaudited Consolidated and Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2013
February 08, 2014 at 08:05 am EST
Share
Arihant Capital Markets Limited reported unaudited consolidated and standalone earnings results for the third quarter and nine months ended December 31, 2013. For the quarter, on standalone basis, the company reported net sales of INR 63.255 million against INR 73.209 million for the same period in the last year. Total income was INR 79.767 million against INR 93.491 million for the same period in the last year. Profit from operations before other income, finance costs and exceptional items was INR 9.344 million against INR 9.146 million for the same period in the last year. Profit from ordinary activities before tax was INR 10.630 million against INR 14.467 million for the same period in the last year. Net profit was INR 8.007 million against INR 10.363 million for the same period in the last year. Earnings per basic and diluted share excluding and including extraordinary items were INR 0.38 against INR 0.50 for the same period in the last year.
For the nine months, on standalone basis, the company reported net sales of INR 186.863 million against INR 200.757 million for the same period in the last year. Total income was INR 234.381 million against INR 244.552 million for the same period in the last year. Profit from operations before other income, finance costs and exceptional items was INR 23.716 million against INR 15.059 million for the same period in the last year. Profit from ordinary activities before tax was INR 33.953 million against INR 29.008 million for the same period in the last year. Net profit was INR 24.731 million against INR 21.207 million for the same period in the last year. Earnings per basic and diluted share excluding and including extraordinary items were INR 1.19 against INR 1.02 for the same period in the last year.
For the quarter, on consolidated basis, the company reported net sales of INR 81.045 million against INR 104.803 million for the same period in the last year. Total income was INR 100.526 million against INR 127.594 million for the same period in the last year. Profit from operations before other income, finance costs and exceptional items was INR 14.032 million against INR 13.510 million for the same period in the last year. Profit from ordinary activities before tax was INR 16.483 million against INR 22.209 million for the same period in the last year. Net profit was INR 12.691 million against INR 15.237 million for the same period in the last year. Earnings per basic and diluted share excluding and including extraordinary items were INR 0.63 against INR 0.73 for the same period in the last year.
For the nine months, on consolidated basis, the company reported net sales of INR 261.181 million against INR 293.468 million for the same period in the last year. Total income was INR 309.183 million against INR 345.416 million for the same period in the last year. Profit from operations before other income, finance costs and exceptional items was INR 36.206 million against INR 38.413 million for the same period in the last year. Profit from ordinary activities before tax was INR 49.451 million against INR 68.649 million for the same period in the last year. Net profit was INR 35.671 million against INR 47.941 million for the same period in the last year. Earnings per basic and diluted share excluding and including extraordinary items were INR 1.76 against INR 2.29 for the same period in the last year.
Arihant Capital Markets Limited is a financial services company. The Company is engaged in stock broking, commodities broking, portfolio management services, financial services, real estate, insurance broking and other related activities. Its segments include Broking & Related Activities, Financing Activities and Real estate development Activities. Its services include equity and equity derivatives, commodity, and currency broking services, margin funding, portfolio management, merchant banking services, financial product distribution, financial planning, insurance services, and depository services. Its products include Broking and Depository, Institutional Broking, Trading Platforms, Merchant Banking, Mutual Funds, Insurance, Portfolio Management Services and others. Its network comprises over 644 investment centers spread across 161 cities in India. Its client base includes retail investors, high net-worth individuals, and both domestic and foreign financial institutions.
Arihant Capital Markets Limited Reports Unaudited Consolidated and Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2013