Indo Amines Ltd. Reports Unaudited Standalone and Consolidated Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2016
May 04, 2016 at 08:33 am EDT
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Indo Amines Ltd. reported unaudited standalone and consolidated earnings results for the fourth quarter and full year ended March 31, 2016. For the quarter, on standalone basis, the company's net sales/income from operations (net of excise duty) was INR 667.36 million compared to INR 552.92 million a year ago. Profit from operations before other income, interest and exceptional items was INR 60.15 million compared to INR 46.003 million a year ago. Profit from ordinary activities before tax was INR 48.19 million compared to INR 39.21 million a year ago. Net profit was INR 26.04 million compared to INR 24.79 million a year ago. Basic and diluted earnings per share before and after extraordinary items was INR 0.79 compared to INR 0.75 a year ago.
For the year, on standalone basis, the company's net sales/income from operations (net of excise duty) was INR 2,427.3 million compared to INR 2,154.75 million a year ago. Profit from operations before other income, interest and exceptional items was INR 177.64 million compared to INR 123.15 million a year ago. Profit from ordinary activities before tax was INR 139.15 million compared to INR 71.07 million a year ago. Net profit was INR 85.89 million compared to INR 46.2 million a year ago. Basic and diluted earnings per share before and after extraordinary items was INR 2.61 compared to INR 1.43 a year ago.
For the quarter, on consolidated basis, the company's net sales/income from operations (net of excise duty) was INR 681.36 million compared to INR 581.1 million a year ago. Profit from operations before other income, interest and exceptional items was INR 58.97 million compared to INR 51.78 million a year ago. Profit from ordinary activities before tax was INR 46.45 million compared to INR 44.012 million a year ago. Net profit was INR 23.81 million compared to INR 29.93 million a year ago. Basic and diluted earnings per share before and after extraordinary items was INR 0.72 compared to INR 0.91 a year ago.
For the year, on consolidated basis, the company's net sales/income from operations (net of excise duty) was INR 2,525.88 million compared to INR 2,340.05 million a year ago. Profit from operations before other income, interest and exceptional items was INR 188.11 million compared to INR 134.7 million a year ago. Profit from ordinary activities before tax was INR 147.13 million compared to INR 80.51 million a year ago. Net profit was INR 91.27 million compared to INR 52.5 million a year ago. Basic and diluted earnings per share before and after extraordinary items was INR 2.77 compared to INR 1.63 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 LIMITED 
