Tinna Trade Limited Reports Audited Standalone and Consolidated Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2021
June 28, 2021 at 09:10 pm IST
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Tinna Trade Limited reported audited standalone and consolidated earnings results for the fourth quarter and full year ended March 31, 2021. For the quarter, on standalone basis, the company's total income was INR 509.342 million compared to INR 434.75 million a year ago. Net loss was INR 15.634 million compared to INR 19.466 million a year ago. Basic loss per share was INR 1.83 compared to INR 2.28 a year ago.
For the year, on standalone basis, the company's total income was INR 2,434.649 million compared to INR 2,923.769 million a year ago. Net loss was INR 28.152 million compared to INR 36.976 million a year ago. Basic loss per share was INR 3.29 compared to INR 4.32 a year ago.
For the quarter, on consolidated basis, the company's total income was INR 527.114 million compared to INR 445.401 million a year ago. Net loss was INR 6.093 million compared to INR 15.071 million a year ago. Basic loss per share was INR 0.72 compared to INR 2.01 a year ago. Basic loss per share from continuing operations was INR 0.71 compared to INR 2.09 a year ago.
For the year, on consolidated basis, the company's total income was INR 2,487.360 million compared to INR 2,964.172 million a year ago. Net loss was INR 14.130 million compared to INR 25.709 million a year ago. Basic loss per share was INR 1.91 compared to INR 3.64 a year ago. Basic loss per share from continuing operations was INR 1.90 compared to INR 4.08 a year ago.
Tinna Trade Limited is an India-based company, which is engaged in bringing agricultural products directly from producers to end users. The Company is primarily involved in the trading of agricultural and non-agricultural products. The Company operates through two segments: Agro Commodities and Steel Abrasives. It deals majorly in pulses, including yellow peas, green peas, chickpeas, lentils, kaspa peas, and toor; grains, including wheat, maize, millet, and barley; oil seeds and edible oil, including mustard, soybean, soyabean oil, palm oil and other; protein, including soya bean meal, sunflower meal/pellets and; steel abrasives, including steel shots, steel cut wire shots, steel wire scrap/bead wire, and steel grit.