KDDL Limited Announces Audited Standalone and Consolidated Earnings Results for the Fourth Quarter and Year Ended March 31, 2019
May 28, 2019 at 11:03 am EDT
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KDDL Limited announced audited standalone and consolidated earnings results for the fourth quarter and year ended March 31, 2019. For the quarter, on standalone basis, the company reported revenue from operations of INR 446 million compared to INR 384.7 million a year ago. Total income was INR 455.1 million compared to INR 396.4 million a year ago. Profit for the period was INR 41.9 million compared to INR 39.1 million a year ago. Basic earnings per share of INR 10 each (not annualised) was INR 3.74 compared to INR 3.60 a year ago. Diluted earnings per share of INR 10 each (not annualised) was INR 3.73 compared to INR 3.59 a year ago.
For the year, on standalone basis, the company reported revenue from operations of INR 1,752.0 million compared to INR 1,472.4 million a year ago. Total income was INR 1,790.7 million compared to INR 1520.4 million a year ago. Profit for the period was INR 157.5 million compared to INR 140.6 million a year ago. Basic earnings per share of INR 10 each (not annualised) was INR 13.86 compared to INR 12.97 a year ago. Diluted earnings per share of INR 10 each (not annualised) was INR 13.84 compared to INR 12.96 a year ago.
For the quarter, on consolidated basis, the company reported revenue from operations of INR 1502.1 million compared to INR 1,381.3 million a year ago. Total income was INR 1,506.0 million compared to INR 1,393.9 million a year ago. Profit for the period was INR 27.5 million compared to INR 66.7 million a year ago. Basic earnings per share of INR 10 each (not annualised) was INR 2.36 compared to INR 6.15 a year ago. Diluted earnings per share of INR 10 each (not annualised) was INR 2.36 compared to INR 6.14 a year ago.
For the year, on consolidated basis, the company reported revenue from operations of INR 6,242.2 million compared to INR 5,031.8 million a year ago. Total income was INR 6,271.8 million compared to INR 5,084.0 million a year ago. Profit for the period was INR 251.8 million compared to INR 181.7 million a year ago. Basic earnings per share of INR 10 each (not annualised) was INR 22.16 compared to INR 16.75 a year ago. Diluted earnings per share of INR 10 each (not annualised) was INR 22.13 compared to INR 16.73 a year ago.
KDDL Limited is an India-based engineering company. The Company is engaged in manufacturing of watch components (watch dials and watch hands), precision engineering components and press tools. The Companyâs segments include Precision and watch components, Watch, accessories and other luxury items and related services, and Others. Its Precision and watch components segment is engaged in manufacturing and distribution of dials, watch hands and precision components. Its Watch, accessories and other luxury items and related services segment is engaged in the trading of watches and accessories. Its Others segment is engaged in manufacturing and distribution of packaging boxes. It also manages the retail chain luxury Swiss watches in the organized sector through its subsidiary, Ethos Limited. Its other subsidiaries include Mahen Distribution Limited, Pylania SA and ESTIMA AG. It has manufacturing facilities at Parwanoo (Himachal Pradesh), Derabassi (Punjab), and Bangalore (Karnataka).
KDDL LIMITED 
