Sunil Hitech Engineers Ltd. Reports Audited Standalone and Consolidated Earnings Results for the Fourth Quarter and Consolidated Earnings Results for the Year Ended March 31, 2016
May 30, 2016 at 05:38 pm IST
Sunil Hitech Engineers Ltd. reported audited standalone and consolidated earnings results for the fourth quarter and consolidated earnings results for the year ended March 31, 2016. For the quarter, on a standalone basis, the company reported net sales/income from operations (net of excise duty) of INR 5,055.827 million compared to INR 5,424.653 million a year ago. Profit from operations before other income, finance costs & exceptional items was INR 395.260 million compared to INR 311.450 million a year ago. Profit from ordinary activities before tax was INR 216.682 million compared to INR 193.900 million a year ago. Net profit for the period was INR 137.302 million compared to INR 122.430 million a year ago. Basic and diluted earnings per share before and after extraordinary items were INR 7.68 compared to INR 8.85 a year ago.
For the full year, on a standalone basis, the company reported net sales/income from operations (net of excise duty) of INR 18,263.344 million compared to INR 16,475.040 million a year ago. Profit from operations before other income, finance costs & exceptional items was INR 1,446.262 million compared to INR 1,174.170 million a year ago. Profit from ordinary activities before tax was INR 731.532 million compared to INR 558.334 million a year ago. Net profit for the period was INR 481.106 million compared to INR 368.965 million a year ago. Basic and diluted earnings per share before and after extraordinary items were INR 28.87 compared to INR 24.82 a year ago. The EBIDTA for fiscal year 2016 has increased by 19.59% from INR 1,595.5 million to INR 1,908.0 million in corresponding period last year.
For the year, on a consolidated basis, the company reported net sales/income from operations (net of excise duty) of INR 20,199.225 million compared to INR 18,325.757 million a year ago. Profit from operations before other income, finance costs & exceptional items was INR 1,691.746 million compared to INR 1,411.875 million a year ago. Profit from ordinary activities before tax was INR 849.844 million compared to INR 695.283 million a year ago. Net profit for the period was INR 558.457 million compared to INR 458.052 million a year ago. Basic and diluted earnings per share before and after extraordinary items were INR 32.05 compared to INR 35.85 a year ago. The EBIDTA for fiscal year 2016 has increased by 16.00% from INR 1,897.4 million to INR 2,201.0 million in corresponding period last year.