Restile Ceramics Ltd. Reports Unaudited Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2016
January 31, 2017 at 03:35 pm IST
Share
Restile Ceramics Ltd. reported unaudited standalone earnings results for the third quarter and nine months ended December 31, 2016. For the quarter, the company reported net sales of INR 0.242 million, loss from operations before other income, finance costs and exceptional items of INR 19.680 million, loss from ordinary activities before tax of INR 21.298 million and net loss of INR 21.298 million or INR 0.22 per basic and diluted share compared to net sales of INR 3.742 million, loss from operations before other income, finance costs and exceptional items of INR 17.106 million, loss from ordinary activities before tax of INR 19.456 million and net loss of INR 19.456 million or INR 0.20 per basic and diluted share reported in the same period last year.
For the nine months, the company reported net sales of INR 1.297 million, loss from operations before other income, finance costs and exceptional items of INR 59.579 million, loss from ordinary activities before tax of INR 63.356 million and net loss of INR 63.356 million or INR 0.64 per basic and diluted share compared to net sales of INR 25.228 million, loss from operations before other income, finance costs and exceptional items of INR 72.586 million, loss from ordinary activities before tax of INR 76.456 million and net loss of INR 76.456 million or INR 0.78 per basic and diluted share reported in the same period last year.
Restile Ceramics Limited is an India-based company, which is engaged in manufacturing of vitrified unglazed and glazed ceramic floor. The Company operates through unpolished smooth tiles and industrial vitrified tiles segment. he Companyâs collections include the Granamite collection, Techno Slabs collection, Step-Up collection, Makers collection and Hexa collection. Its Granamite collection includes Teracotta, Trendy, Steel Grey, Dark Grey, Polo, Super Polo, Kota Green, Mushroom, Matrix, Luna, Sienna, Crema, Arabia, Abacus, Elena, Sahara, Champagne, Iconic, Mist, Pebbles, Bazaar, Iconic XL, Mist XL, and Brute. The Techno Slabs collection includes Steel Grey, Super Polo, Kota Green, Matrix, Luna, Sienna, Abacus, Elena, Sahara, Arabia, Crema, Iconic, Mist, Pebbles, Bazaar, and more. Its Makers Collection includes Flamed Beige, Flamed Grey, Flamed Red, Pavillion Beige, Pavillion Red, Rouge Beige, Rouge Grey, Rouge Red, Stepup Grey and Stepup Red.