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| Exchange Disseminated Time | Redington (India) Ltd has announced the following results for the quarter ended September 30, 2014:
The Unaudited Standalone results for the Quarter ended September 30, 2014
The Company has posted a net profit of Rs. 439.70 million for the quarter ended September 30, 2014 where as the same was at Rs. 402.10 million for the quarter ended September 30, 2013. Total Income is Rs. 28266.70 million for the quarter ended September 30, 2014 where as the same was at Rs. 26483.80 million for the quarter ended September 30, 2013.
"The standalone financial results of the Half-Year ended September 30, 2014 do not contain those of after sales services hitherto performed by the Company which is now being performed by Ensure Support Services (India) Limited a wholly owned subsidiary with effect from April 1, 2014 and hence the figures are not comparable with those of the corresponding previous Quarter / Half-Year".
The Consolidated Results are as follows:
The Unaudited Consolidated results for the Quarter ended September 30, 2014
The Group has posted a net profit after tax, minority interest and Share of profit of Associates of Rs. 859.50 million for the quarter ended September 30, 2014 where as the same was at Rs. 760.70 million for the quarter ended September 30, 2013. Total Income is Rs. 77706.10 million for the quarter ended September 30, 2014 where as the same was at Rs. 66880.30 million for the quarter ended September 30, 2013.
" Consequent to sale of the Company’s investment in its erstwhile wholly-owned subsidiary Easyaccess Financial Services Limited in the fourth Quarter of the Financial Year Ended March 31, 2014, the consolidated figures of current Quarter and Half-Year are not comparable with those relating to Quarter / Half-Year Ended September 30, 2013". |
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