Corporate Announcement
Security Code : 532805    Company : REDINGTON    
 
Announces Q3 results & Limited Review Report for the Quarter ended December 31, 2014Download PDF
  Exchange Disseminated Time     
Redington (India) Ltd has announced the following Unaudited results for the quarter ended December 31, 2014:

The Unaudited Standalone results for the Quarter ended December 31, 2014

The Company has posted a profit after tax of Rs. 526.80 million for the quarter ended December 31, 2014 where as the same was at net profit of Rs. 390.30 million for the quarter ended December 31, 2013. Total Income is Rs. 35245.40 million for the quarter ended December 31, 2014 where as the same was at Rs. 29052.60 million for the quarter ended December 31, 2013.

- The standalone financial results of the Nine Months Ended December 31, 2014 do not include those of after sales services hitherto performed by the Company now being performed by Ensure Support Services (India) Limited, a wholly owned subsidiary with effect from April 1, 2014 and hence the Standalone figures are not comparable with those of the corresponding previous Quarter / Nine Months.

The Consolidated Results are as follows:

The Unaudited Consolidated results for the Quarter ended December 31, 2014

The Group has posted a net profit after taxes, minority interest and share of loss of associate of Rs. 1010.70 million for the quarter ended December 31, 2014 where as the same was at Rs. 866.70 million for the quarter ended December 31, 2013. Total Income is Rs. 84473.60 million for the quarter ended December 31, 2014 where as the same was at Rs. 71447.00 million for the quarter ended December 31, 2013.

- Consequent to sale of the Company’s investment in its erstwhile wholly-owned subsidiary Easy access Financial Services Limited in the fourth Quarter of the Financial Year Ended March 31, 2014, the consolidated figures of current Quarter and Nine Months are not comparable with those relating to Quarter / Nine Months Ended December 31, 2013.
 

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