BKM Industries Limited Announces Audited Standalone and Consolidated Earnings Results for the Fourth Quarter and Year Ended March 31, 2018
May 28, 2018 at 08:58 pm IST
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BKM Industries Limited announced audited standalone and consolidated earnings results for the fourth quarter and year ended March 31, 2018. For the quarter, on standalone basis, the company reported revenue from operations of INR 415.1 million compared to INR 616.8 million a year ago. Total income was INR 419.6 million compared to INR 651.9 million a year ago. Loss before tax was INR 7.3 million compared to profit of INR 58.9 million a year ago. Net loss for the period was INR 4.6 million or INR 0.07 per basic and diluted share compared to profit of INR 63.9 million or INR 0.98 per basic and diluted share a year ago.
For the year, on standalone basis, the company reported revenue from operations of INR 1,533.8 million compared to INR 1,229.2 million a year ago. Total income was INR 1,574.9 million compared to INR 1,288.3 million a year ago. Profit before tax was INR 65.7 million compared to INR 80.2 million a year ago. Net profit for the period was INR 52.7 million or INR 0.80 per basic and diluted share compared to INR 83.2 million or INR 1.27 per basic and diluted share a year ago.
For the quarter, on consolidated basis, the company reported revenue from operations of INR 431.8 million compared to INR 642.0 million a year ago. Total income was INR 438.0 million compared to INR 675.8 million a year ago. Loss before tax was INR 24.3 million compared to profit of INR 76.6 million a year ago. Net loss for the period was INR 21.6 million or INR 0.03 per basic and diluted share compared to profit of INR 81.6 million or INR 1.25 per basic and diluted share a year ago.
For the year, on consolidated basis, the company reported revenue from operations of INR 1,851.7 million compared to INR 1,499.5 million a year ago. Total income was INR 1,877.3 million compared to INR 1,555.3 million a year ago. Profit before tax was INR 133.7 million compared to INR 289.7 million a year ago. Net profit for the period was INR 120.7 million or INR 1.84 per basic and diluted share compared to INR 292.7 million or INR 4.47 per basic and diluted share a year ago.
BKM Industries Limited is engaged in the manufacturing of packaging products, other engineering products, and marine business. The Company is primarily engaged in the business of metal packaging products, aluminum semi rigid containers, ship building, naval design services, and agro-commodities. Its segments include Packaging Product, Mosquito Coil, Metal Products and Engineering & Others. Its Packaging segment consists of the manufacture and sale of Polypropylene (PP) caps, crown closures, metal containers, epoxy (EP) liners, washers, and EP sheets. Its Mosquito Coils segment is engaged in the manufacturing and sale of mosquito repellent coils. Its Metal Product segment is engaged in the manufacturing and sale of aluminum and steel galvanized sheets and coils. Its Engineering & Others segment is engaged in the manufacturing and sale of machines and spare parts. The Company operates primarily in the United Arab Emirates (UAE), Bangladesh, Liberia, Burma, Malaysia, Singapore, and India.
BKM INDUSTRIES LIMITED 
