Indo Amines Ltd. Reports Audited Standalone Earnings Results for the Fourth Quarter and Full Year and Consolidated Earnings Results for the Fourth Quarter Ended March 31, 2017
May 27, 2017 at 09:20 am EDT
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Indo Amines Ltd. reported audited standalone earnings results for the fourth quarter and full year and consolidated earnings results for the fourth quarter ended March 31, 2017. For the quarter, on standalone basis, the company's net sales/income from operations (net of excise duty) was INR 799.114 million compared to INR 667.362 million a year ago. Profit from operations before other income, interest and exceptional items were INR 57.143 million compared to INR 48.186 million a year ago. Profit before tax was INR 57.143 million compared to INR 48.186 million a year ago. Net profit was INR 39.816 million compared to INR 26.044 million a year ago. Basic and diluted earnings per share before and after extraordinary items were INR 1.21 compared to INR 0.79 a year ago.
For the year, on standalone basis, the company's net sales/income from operations (net of excise duty) was INR 2,788.796 million compared to INR 2,427.311 million a year ago. Profit from operations before other income, interest and exceptional items was INR 212.866 million compared to INR 139.151 million a year ago. Profit before tax was INR 212.866 million compared to INR 139.151 million a year ago. Net profit was INR 140.506 million compared to INR 85.888 million a year ago. Basic and diluted earnings per share before and after extraordinary items were INR 4.27 compared to INR 2.61 a year ago.
For the year, on consolidated basis, the company's net sales/income from operations (net of excise duty) was INR 2,875.048 million compared to INR 2,525.882 million a year ago. Profit from operations before other income, interest and exceptional items was INR 221.237 million compared to INR 147.014 million a year ago. Profit before tax was INR 221.237 million compared to INR 147.014 million a year ago. Net profit was INR 145.574 million compared to INR 90.951 million a year ago. Basic and diluted earnings per share before and after extraordinary items were INR 4.42 compared to INR 2.76 a year ago.
Indo Amines Limited is an India-based chemical manufacturing company. The Company manufactures organic and inorganic chemical compounds. The Company provides fine chemicals, specialty chemicals, performance chemicals, perfumery chemicals and active pharmaceuticals ingredients. Its fine chemicals include aliphatic animes, aromatic animes, aliphatic nitriles, aromatic nitriles, halides, alcohols, cycloalkanols, cycloalkanones, acids & esters, advanced intermediates, anime hydrochlorides, ethanolamines and others. Its specialty chemicals fatty acids, fatty amides, fatty amines, fatty Di-amines, fatty tertiary amines, fatty polyamines, fatty anime ethoxylates and fatty ammonium quats. Its performance chemicals anticaking agent, granulating aid, defoamers, anticaking cum coloring agent, curing aid for SSP, antistatic agent, antistripping agent, antifoaming agent for phosphoric acid plant, bitumen emulsifier, floatation agent, corrosion inhibitors, demulsifier, anti-bacterial and others.
Indo Amines Ltd. Reports Audited Standalone Earnings Results for the Fourth Quarter and Full Year and Consolidated Earnings Results for the Fourth Quarter Ended March 31, 2017