Sterling International Enterprises Ltd. Announces Audited Standalone and Consolidated Earnings Results for the Fourth Quarter and Full Year Ended June 30, 2012
On consolidated basis, for the year, the company reported net sales/income from operations of INR 9,278.05 million compared to INR 16,925.54 million for the same period a year ago. Profit from operations before other income and finance costs was INR 1,362.75 million compared to INR 3,179.74 million for the same period a year ago. Profit from ordinary activities after finance costs but before tax was INR 1,322.35 million compared to INR 3,180.62 million for the same period a year ago. Net profit from ordinary activities after tax was INR 1,321.21 million compared to INR 3,178.32 million for the same period a year ago. Earnings per share before and after deferred tax was INR 4.87 compared to INR 11.71 for the same period a year ago.
On standalone basis, for the quarter, the company reported net sales/income from operations of INR 17.07 million compared to INR 10.53 million for the same period a year ago. Profit from operations before other income and finance costs was INR 9.12 million compared to INR 0.53 million for the same period a year ago. Profit from ordinary activities after finance costs but before tax was INR 0.15 million compared to INR 1.09 million for the same period a year ago. Net profit from ordinary activities after tax was INR 0.11 million compared to INR 0.09 million for the same period a year ago.
On standalone basis, for the year, the company reported net sales/income from operations of INR 72.15 million compared to INR 39.39 million for the same period a year ago. Profit from operations before other income and finance costs was INR 45.29 million compared to INR 8.75 million for the same period a year ago. Profit from ordinary activities after finance costs but before tax was INR 4.88 million compared to INR 7.63 million for the same period a year ago. Net profit from ordinary activities after tax was INR 3.74 million compared to INR 5.33 million for the same period a year ago. Earnings per share before and after deferred tax was INR 0.01 compared to INR 0.02 for the same period a year ago.