Pokarna Limited Reports Earnings Results for the Fourth Quarter Ended March 31, 2020
June 27, 2020 at 08:19 am EDT
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Pokarna Limited announced earnings results for the fourth quarter ended March 31, 2020. For the fourth quarter, the company announced total revenue was INR 903.175 million compared to INR 1,463.403 million a year ago. Net income was INR 31.816 million compared to INR 264.855 million a year ago. Basic earnings per share was INR 1.03 compared to INR 8.54 a year ago. For the full year, total revenue was INR 3,994.023 million compared to INR 4,712.985 million a year ago. Net income was INR 707.291 million compared to INR 806.783 million a year ago. Basic earnings per share was INR 22.81 compared to INR 26.02 a year ago.
Pokarna Limited is an India-based company, which is principally engaged in the business of quarrying, manufacturing and processing and selling of granite and manufacturing and selling of apparel under the brand name Stanza. The Company's quarries produce colors, which include Acacia, Black Galaxy, Coffee Brown, Flash Blue, Pokarna Green, Sapphire Blue, Seaweed Green, Silver Pearl and Vizag Blue. Its color palette includes over 75 varieties of granite sourced within India in addition to Saudi Arabia and Iran. Its product range includes an array of random slabs, tiles and cultosize. The Companyâs residential project includes UB City, Bangalore; Prestige Golfshire Villas, and Tidel Park. Its commercial projects include Marriott Hotels and Marriott Countyard. The Company also has a retail division for the STANZA brand and produces clothing under that name. The Company has two manufacturing facilities in Telangana and Andhra Pradesh.
POKARNA LIMITED 
