Arvind SmartSpaces Limited Reports Unaudited Standalone and Consolidated Earnings Results for the Third Quarter and Nine Months Ended December 31, 2017
January 25, 2018 at 01:26 pm IST
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Arvind SmartSpaces Limited reported unaudited standalone and consolidated earnings results for the third quarter and nine months ended December 31, 2017. For the quarter on standalone basis, the company reported total revenue of INR 233.845 million compared to INR 151.217 million a year ago. Profit from operations before tax was INR 30.581 million compared to loss from operations before tax of INR 17.810 million a year ago. Net profit after tax was INR 20.168 million compared to net loss after tax of INR 12.051 million a year ago. EPS of INR 0.63 per diluted share compared to LPS of INR 0.44 per diluted share a year ago.
For nine months on standalone basis, the company reported total revenue of INR 690.533 million compared to INR 626.231 million a year ago. Profit from operations before tax was INR 114.119 million compared to INR 59.830 million a year ago. Net profit after tax was INR 73.707 million compared to INR 38.097 million a year ago. EPS of INR 2.40 per diluted share compared to INR 1.40 per diluted share a year ago.
For the quarter on consolidated basis, the company reported total revenue of INR 325.861 million compared to INR 139.584 million a year ago. Profit from operations before tax was INR 69.490 million compared to loss from operations before tax of INR 23.424 million a year ago. Net profit for the period was INR 46.399 million compared to net loss for the period of INR 17.761 million a year ago. Net profit for the period attributable to equity holders of the company of INR 45.123 or INR 1.40 per diluted share compared to loss of INR 15.615 million or INR 0.57 per diluted share a year ago.
For nine months on consolidated basis, the company reported total revenue of INR 942.101 million compared to INR 591.678 million a year ago. Profit from operations before tax was INR 221.233 million compared to INR 51.656 million a year ago. Net profit for the period was INR 143.323 million compared to INR 29.723 million a year ago. Net profit for the period attributable to equity holders of the company of INR 139.310 or INR 4.54 per diluted share compared to INR 33.739 million or INR 1.24 per diluted share a year ago.
Arvind SmartSpaces Limited is an India-based company, which is engaged in the development of real estate comprising of residential, commercial, and industrial projects. The Company is primarily in the residential segment of the Ahmedabad, Pune, and Bengaluru region. The Company's projects in Ahmedabad include Alcove, Citadel, Parishkaar, Megatrade, Megaestate, Megapark, and Aavishkaar. The Company's projects in Bengaluru include Skylands, Sporcia, Expansia, and Oasis. Its project in Pune is Elan. The Company's subsidiaries include Arvind Hebbal Homes Private Limited, Arvind Homes Private Limited, Arvind SmartHomes Private Limited, Ahmedabad East Infrastructure LLP, ASL Facilities Management LLP, Uplands Facilities Management LLP, Changodar Industrial Infrastructure (One) LLP, Arvind Beyond Five Club LLP, Arvind Infracon LLP, Ahmedabad Industrial Infrastructure (One) LLP, Arvind Five Homes LLP, Chirping Woods Homes LLP, Arvind Smart City LLP, and others.
Arvind SmartSpaces Limited Reports Unaudited Standalone and Consolidated Earnings Results for the Third Quarter and Nine Months Ended December 31, 2017
ARVIND SMARTSPACES LIMITED 
