Basant Agro Tech Limited Reports Unaudited Earnings Results for the Third Quarter and Nine Months Ended December 31, 2017
January 31, 2018 at 06:57 pm IST
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Basant Agro Tech (India) Limited reported unaudited earnings results for the third quarter and nine months ended December 31, 2017. For the quarter, the company reported revenue from operations of INR 467.639 million compared to INR 559.048 million a year ago. Profit from operations before exceptional and extraordinary items and tax was INR 2.801 million compared to INR 1.883 million a year ago. Profit before extraordinary items and tax was INR 2.801 million compared to INR 1.883 million a year ago. Profit before tax was INR 2.801 million compared to INR 1.883 million a year ago. Profit for the period from continuing operations was INR 2.301 million compared to INR 1.397 million a year ago. Profit for the period was INR 2.301 million compared to INR 1.397 million a year ago. Earnings of INR 0.03 per basic and diluted share before and after extraordinary items compared to INR 0.02 per basic and diluted share before and after extraordinary items a year ago.
For the nine months, the company reported revenue from operations of INR 1,911.471 million compared to INR 2,037.317 million a year ago. Profit from operations before exceptional and extraordinary items and tax was INR 34.112 million compared to INR 33.127 million a year ago. Profit before extraordinary items and tax was INR 34.112 million compared to INR 33.127 million a year ago. Profit before tax was INR 34.112 million compared to INR 33.127 million a year ago. Profit for the period from continuing operations was INR 31.112 million compared to INR 30.169 million a year ago.
Profit for the period was INR 31.112 million compared to INR 30.169 million a year ago. Earnings of INR 0.34 per basic and diluted share before and after extraordinary items compared to INR 0.33 per basic and diluted share before and after extraordinary items a year ago.
Basant Agro Tech (India) Limited is an India-based company, which is engaged in manufacturing of various farm inputs in India comprising of nitrogen phosphorus and potassium (NPK) mixture granulated fertilizers, phosphatic fertilizer as well as various hybrid seeds. It also engaged in business of generating power through Wind Turbine and operating and maintaining warehousing and cold storage facilities. The Company's segment includes Seeds, Fertilizers, LABSA and Others. Its Fertilizers segment includes NPK fertilizers and single super phosphate (SSP) fertilizers. Its Seeds segment offers seeds for vegetables, such as bitter gourd, bottle gourd, brinjal, cluster bean, coriander, cowpea and more; field crops, such as hybrid maize, black and green grams, paddy, wheat, hybrid sorghum and more; and oil seeds, such as mustard, hybrid cotton, ground nut, soybean and sunflower. The Companyâs production facilities are located in different states like Maharashtra, Karnataka, and Madhya Pradesh.