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| Exchange Disseminated Time | Sesa Sterlite Ltd has announced the following results for the quarter & year ended March 31, 2015:
The Standalone Results are as follows :
The Audited Standalone results for the Quarter ended March 31, 2015
The Company posted a net profit of Rs. 5737.90 million for the Quarter ended March 31, 2015 where as the net (loss) was at Rs. (3261.10) million for the Quarter ended March 31, 2014. Total Income is Rs. 82792.00 million for the Quarter ended March 31, 2015 where as the same was at Rs. 90481.30 million for the Quarter ended March 31, 2014.
The Audited results for the Year ended March 31, 2015
The Company has posted a net profit of Rs. 19272.00 million for the year ended March 31, 2015 where as the same was at Rs. 10760.90 million for the year ended March 31, 2014. Total Income is Rs. 345112.70 million for the year ended March 31, 2015 where as the same was at Rs. 303535.90 million for the year ended March 31, 2014.
"(a) The scheme of amalgamation of Goa Energy Limited with the Company has been approved by the Honorable High Court of Bombay at Goa bench vide its order dated March 12, 2015. The scheme became effective on March 24, 2015 with the appointed date of April 01, 2014.
(b) The scheme of amalgamation of Sterlite Infra limited with the Company has been approved by the Honorable High Court of Madras vide its order dated March 25, 2015. The scheme became effective on April 8, 2015 with the appointed date of April 01, 2014.
Both the above Schemes have been given effect to in the quarter ended March 31, 2015. Consequently, the results for the quarter and year ended March 31, 2015, and the figures in respect of earnings per share, are not comparable with previous corresponding period."
The Consolidated Results are as follows :
The Audited Consolidated results for the Quarter ended March 31, 2015
The Group posted a Net (loss) after taxes, minority interest and consolidated share In profit of associates but before exceptional Items of Rs. (192281.20) million for the Quarter ended March 31, 2015 where as the net profit was at Rs. 16215.50 million for the Quarter ended March 31, 2014. Total Income is Rs. 176618.00 million for the Quarter ended March 31, 2015 where as the same was at Rs. 216580.60 million for the Quarter ended March 31, 2014.
The Audited Consolidated results for the Year ended March 31, 2015
The Group posted a Net (loss) after taxes, minority interest and consolidated share In profit of associates but before exceptional Items of Rs. (156457.70) million for the Quarter ended March 31, 2015 where as the net profit was at Rs. 62985.10 million for the Quarter ended March 31, 2014. Total Income is Rs. 766867.00 million for the Quarter ended March 31, 2015 where as the same was at Rs. 682258.80 million for the Quarter ended March 31, 2014. |
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