Solid Stone Company Limited Reports Unaudited Standalone Earnings Results for the Fourth Quarter and Full Year and Consolidated Earnings Results for the Full Year Ended March 31, 2018
May 16, 2018 at 07:44 am EDT
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Solid Stone Company Limited reported unaudited standalone earnings results for the fourth quarter and full year and consolidated earnings results for the full year ended March 31, 2018. For the quarter, on standalone basis, revenue from operations were INR 122.329 million compared with INR 161.079 million for the same period last year. Profit from ordinary activities before tax and exceptional items was INR 2.132 million compared with INR 2.136 million for the same period last year. Profit from ordinary activities before tax was INR 2.132 million compared with INR 2.136 million for the same period last year. Profit from ordinary activities after tax was INR 0.636 million compared with INR 1.199 million for the same period last year. Net profit for the period was INR 0.636 million or INR 0.12 basic and diluted per share as compared with INR 1.199 million or INR 0.22 basic and diluted per share for the same period last year.
For the year, on standalone basis, revenue from operations were INR 613.733 million compared with INR 660.958 million for the same period last year. Profit from ordinary activities before tax and exceptional items was INR 10.141 million compared with INR 10.947 million for the same period last year. Profit from ordinary activities before tax was INR 10.141 million compared with INR 10.947 million for the same period last year. Profit from ordinary activities after tax was INR 5.891 million compared with INR 7.075 million for the same period last year. Net profit for the period was INR 5.891 million or INR 1.10 basic and diluted per share as compared with INR 7.075 million or INR 1.32 basic and diluted per share for the same period last year.
For the year, on consolidated basis, revenue from operations were INR 613.733 million compared with INR 661.245 million for the same period last year. Profit from ordinary activities before tax and exceptional items was INR 16.485 million compared with INR 12.120 million for the same period last year. Profit from ordinary activities before tax was INR 16.485 million compared with INR 12.120 million for the same period last year. Profit from ordinary activities after tax was INR 12.236 million compared with INR 8.248 million for the same period last year. Net profit for the period was INR 12.236 million or INR 2.27 basic and diluted per share as compared with INR 8.248 million or INR 1.53 basic and diluted per share for the same period last year.
Solid Stone Company Limited is an India-based company, which is primarily engaged in the business of natural stones, building materials and allied building business activities. The Company is also engaged in the business of semi-precious stones in global and domestic markets. Its range of products includes Natural Stone; Granite; Semi-Precious Stone; Finishes; Articles; Stone Care; Mosaics, such as Stone Mosaics, Metal Mosaics and Mix Mosaics, and Marbles, such as Indian Marble and Exotic Marble. Its natural stone products include slate stone, quartzite, limestone and sandstone. It uses Stone Source as branding for its products. Its domestic projects include hotels, restaurants, showrooms and offices / commercial. Its International Projects include Marina Mall Revolving Restaurant-Abu Dhabi, First Gulf Bank Head Quarters-Dubai, Palm Jumeriah-Dubai, Meena Jewelers-Dubai and more. It has operations in India, the United States, the Middle East and the United Kingdom.
Solid Stone Company Limited Reports Unaudited Standalone Earnings Results for the Fourth Quarter and Full Year and Consolidated Earnings Results for the Full Year Ended March 31, 2018
SOLID STONE COMPANY LIMITED 
