Oricon Enterprises Limited Reports Audited Standalone Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2018 and Consolidated Earnings Results for the Year Ended March 31, 2018
May 31, 2018 at 02:15 am EDT
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Oricon Enterprises Limited reported audited standalone earnings results for the fourth quarter and full year ended March 31, 2018 and consolidated earnings results for the year ended March 31, 2018. For the quarter, on standalone basis the company reported total revenue of INR 179.738 million as compared to INR 155.348 million for the same period last year. Profit before tax was INR 13.136 million as compared to INR 36.041 million for the same period last year. Profit after tax for the period from continuing operations was INR 9.377 million as compared to INR 26.522 million for the same period last year. Profit for the period was INR 9.377 million as compared to INR 26.207 million for the same period last year. Basic and diluted earnings per share from continuing operations was INR 0.06 as compared to INR 0.17 for the same period last year.
For the year, on standalone basis the company reported total revenue of INR 804.457 million as compared to INR 604.379 million for the same period last year. Profit before tax was INR 180.672 million as compared to INR 121.533 million for the same period last year. Profit after tax for the period from continuing operations was INR 154.514 million as compared to INR 93.706 million for the same period last year. Profit for the period was INR 154.514 million as compared to INR 80.685 million for the same period last year. Basic and diluted earnings per share from continuing operations was INR 0.98 as compared to INR 0.60 for the same period last year.
For the year, on consolidated basis the company reported total revenue of INR 10,770.872 million as compared to INR 12,540.662 million for the same period last year. Profit before tax was INR 321.415 million as compared to INR 766.695 million for the same period last year. Profit after tax for the period from continuing operations was INR 224.632 million as compared to INR 511.560 million for the same period last year. Profit for the period was INR 224.632 million as compared to INR 498.539 million for the same period last year. Basic and diluted earnings per share from continuing operations was INR 1.14 as compared to INR 2.48 for the same period last year. Profit from continuing operations attributable to owners of the company was INR 178.731 million as compared to INR 389.579 million for the same period last year.
Oricon Enterprises Limited is an India-based holding company. The Company is engaged in the business of manufacturing petrochemical products, trading, liquid colorants, preform metal, plastic closures and real estate. The Companyâs segments include Packaging, Real Estate, Petrochemicals, and Others. It is focused on manufacturing plastic and metal closures, PET preforms, collapsible tubes and pilfer proof caps in the packaging segment and petrochemical products. The Company manufactures and markets packaging products through metal caps and closures, including crown caps, closures, roll over pilfer proof caps (ROPPcaps), aluminium collapsible tubes, plastic closure, pre-forms, and petrochemical products. The Companyâs manufacturing units are situated at Murbad, Goa, Khopoli and Khurda (Odisha). The Companyâs subsidiaries include Reay Road Iron & Metal warehousing Private Limited, Oriental Containers Limited, and United Shippers Ltd, among others.
Oricon Enterprises Limited Reports Audited Standalone Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2018 and Consolidated Earnings Results for the Year Ended March 31, 2018
ORICON ENTERPRISES LIMITED 
