Sical Logistics Ltd. Reports Unaudited Standalone and Consolidated Earnings Results for the Third Quarter and Nine Months Ended December 31, 2015
January 18, 2016 at 02:38 pm IST
Share
Sical Logistics Ltd. reported unaudited standalone and consolidated earnings results for the third quarter and nine months ended December 31, 2015. For the quarter, the company's standalone total income from operations (net) was INR 1,722.0 million compared to INR 1,653.7 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 121.1 million compared to INR 97.0 million a year ago. Profit from ordinary activities before tax was INR 73.3 million compared to INR 25.2 million a year ago. Net profit after taxes, minority interest, and share of profit/loss of associates was INR 35.2 million or INR 0.63 per basic and diluted share, compared to INR 41.96 million or INR 0.75 per basic and diluted share, a year ago.
For the year to date, the company's standalone total income from operations (net) was INR 4,314.1 million compared to INR 4,464.8 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 348.6 million compared to INR 213.0 million a year ago. Profit from ordinary activities before tax was INR 178.5 million compared to INR 81.1 million a year ago. Net profit after taxes, minority interest, and share of profit/loss of associates was INR 87.4 million or INR 1.57 per basic and diluted share, compared to INR 105.3 million or INR 1.89 per basic and diluted share, a year ago.
For the quarter, the company's consolidated total income from operations (net) was INR 2,250.2 million compared to INR 2,264.9 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 134.7 million compared to INR 109.3 million a year ago. Profit from ordinary activities before tax was INR 23.8 million compared to INR 9.1 million a year ago. Net profit after taxes, minority interest, and share of profit/loss of associates was INR 25.1 million or INR 0.45 per basic and diluted share, compared to INR 0.00 million or INR 0.75 per basic and diluted share, a year ago.
For the year to date, the company's consolidated total income from operations (net) was INR 5,965.6 million compared to INR 6,376.8 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 370.2 million compared to INR 281.4 million a year ago. Profit from ordinary activities before tax was INR 73.2 million compared to INR 39.4 million a year ago. Net profit after taxes, minority interest, and share of profit/loss of associates was INR 56.8 million or INR 1.02 per basic and diluted share, compared to INR 1.0 million or INR 0.02 per basic and diluted share, a year ago.
Sical Logistics Limited is an integrated multimodal logistics solutions provider. The Company is into logistics namely port handling, road and rail transport, warehousing, shipping, stevedoring, customs handling, trucking, retail logistics, mining, and integrated logistics. It has various business segments, such as mining, port logistics, road and rail transport, container freight station, warehousing, shipping. In addition, it also provides offshore support services to the oil and gas industry. It has a portfolio of integrated logistics solutions, including terminal handling, chartering, shipping agency, custom house agency, stevedoring, dredging and complemented by rail and road infrastructure. It is also involved in surface mining of coal and transportation, removal of overburden and transportation, and mining development and operation. It offers logistics solutions for both bulk and container cargo. It also offers operation and maintenance solutions for offshore supply vessels.