Halder Venture Limited Announces Audited Standalone Earnings Results for the Fourth Quarter and Full Year and Consolidated Earnings Results for the Full Year Ended March 31, 2016
May 26, 2016
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Halder Venture Limited announced audited standalone earnings results for the fourth quarter and full year and consolidated earnings results for the full year ended March 31, 2016. For the quarter, on standalone basis, the company reported total income from operations of INR 1.007 million compared to INR 2.637 million a year ago. Profit before operations before other income, finance costs, exceptional items and tax was INR 0.487 million compared to INR 0.170 million a year ago. Profit from ordinary activities before tax was INR 0.487 million compared to INR 0.170 million a year ago. Net profit for the period was INR 0.421 million or INR 0.13 per basic and diluted share before and after extraordinary items compared to INR 0.167 million or INR 0.05 per basic and diluted share before and after extraordinary items a year ago.
For the year, on standalone basis, the company reported total income from operations of INR 35.770 million compared to INR 8.707 million a year ago. Profit before operations before other income, finance costs, exceptional items and tax was INR 0.213 million compared to INR 0.010 million a year ago. Profit from ordinary activities before tax was INR 0.213 million compared to INR 0.010 million a year ago. Net profit for the period was INR 0.147 million or INR 0.05 per basic and diluted share before and after extraordinary items compared to INR 0.007 million or INR 0.00 per basic and diluted share before and after extraordinary items a year ago.
For the year, on consolidated basis, the company reported total income from operations of INR 44.133 million compared to INR 18.464 million a year ago. Profit before operations before other income, finance costs, exceptional items and tax was INR 0.333 million compared to INR 0.054 million a year ago. Profit from ordinary activities before tax was INR 0.333 million compared to INR 0.054 million a year ago. Net profit for the period was INR 0.224 million or INR 0.05 per basic and diluted share before and after extraordinary items compared to INR 0.038 million or INR 0.00 per basic and diluted share before and after extraordinary items a year ago.
Halder Venture Limited is an India-based manufacturer of varieties of rice and rice products, edible oils, and others. The Company is engaged in the trading activity, including export with products being parboiled rice, puffed rice, rice bran oil, de-oil rice bran, lecithin, and raw cashew nut in cell. It is a producer of parboiled rice which is produced through steps, such as steaming, soaking, drying, dehiscing, polishing, and sorting. It is a manufacturer of pressure parboiled rice to make muri-puffed rice. Its subsidiaries are in the business of milling and processing of rice, and manufacturing of rice bran, crude and refined rice bran oil and de-oil-rice bran (DORB) and trading, including export. The Companyâs products are exported to several countries around the world, including China, Vietnam, Togo, Nepal, Bangladesh, Myanmar, Tanzania, and others. Its subsidiaries include PK Agrilink Private Limited, P.K. Cereals Pvt. Ltd., Jatadhari Rice Mills Pvt. Ltd., and others.
Halder Venture Limited Announces Audited Standalone Earnings Results for the Fourth Quarter and Full Year and Consolidated Earnings Results for the Full Year Ended March 31, 2016