Amarnath Securities Limited Reports Unaudited Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2015
January 14, 2016 at 06:59 pm IST
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Amarnath Securities Limited reported unaudited standalone earnings results for the third quarter and nine months ended December 31, 2015. For the quarter, the company reported net sales/income from operations of INR 952,390 compared to INR 456,230 a year ago. Profit from operations before other income, finance cost and exceptional items was INR 423,211 compared to profit from operations before other income, finance cost and exceptional items of INR 100,913 a year ago. Profit from ordinary activities before tax was INR 423,211 compared to profit from ordinary activities before tax of INR 100,913 a year ago. Net profit for the period was INR 292,438 or INR 0.10 per basic and diluted share before and after extraordinary items compared to net profit for the period of INR 91,842 or INR 0.03 per basic and diluted share before and after extraordinary items a year ago.
For the nine months, the company reported net sales/income from operations of INR 2,868,379 compared to INR 1,323,690 a year ago. Profit from operations before other income, finance cost and exceptional items was INR 1,221,946 compared to profit from operations before other income, finance cost and exceptional items of INR 372,822 a year ago. Profit from ordinary activities before tax was INR 1,221,946 compared to profit from ordinary activities before tax of INR 372,822 a year ago. Net profit for the period was INR 864,723 or INR 0.29 per basic and diluted share before and after extraordinary items compared to net profit for the period of INR 279,756 or INR 0.09 per basic and diluted share before and after extraordinary items a year ago.
Amarnath Securities Ltd is a non-banking financial company. It is in the business of merchant banking in all its aspect to act as managers to issues and offers, whether by way of public offer or otherwise, of shares, stocks, debentures, bonds, units, participation certificates, deposits, certificates, notes, bills, warrants or any other paper or scripts. It also acts as agents or dealers in the securities in the course of merchant banking business to act as financial consultants, joint managers, lead managers, co-managers, advisors and counselors in investment and capital markets, to underwrite, sub underwrite or to provide stand by or procurement arrangement, to issue guarantees or to give another commitments for subscribing or agreeing to subscribe or procure or agree to procure subscription for the securities, to become corporate member of any stock exchange and to act as share and stock broker to subscribe, invest, acquire, purchase, hold, sell or otherwise.
AMARNATH SECURITIES LIMITED 
