Indo Thai Securities Limited Announces Unaudited Consolidated and Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2016
January 20, 2017 at 08:18 am EST
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Indo Thai Securities Limited announced unaudited consolidated and standalone earnings results for the third quarter and nine months ended December 31, 2016. For the quarter, on consolidated basis, the company reported net sales of INR 103.343 million compared with INR 162.600 million for the same period a year ago. Loss from operation before other income, finance cost and exceptional items was INR 36.735 million compared with profit from operation before other income, finance cost and exceptional items of INR 14.503 million for the same period a year ago. Loss from ordinary activities before tax was INR 33.027 million compared with profit of INR 17.516 million for the same period a year ago. Net loss was INR 32.712 million or INR 3.20 per basic and diluted share before and after extraordinary items compared with net profit of INR 17.516 million or INR 1.70 per basic and diluted share before and after extraordinary items for the same period a year ago.
For the nine months, on consolidated basis, the company reported net sales of INR 311.282 million compared with INR 293.266 million for the same period a year ago. Loss from operation before other income, finance cost and exceptional items was INR 39.833 million compared with INR 6.629 million for the same period a year ago. Profit from ordinary activities before tax was INR 32.054 million compared with net profit of INR 97.827 million for the same period a year ago. Net loss was INR 31.353 million or INR 3.05 per basic and diluted share before and after extraordinary items compared with net profit of INR 97.410 million or INR 9.68 per basic and diluted share before and after extraordinary items for the same period a year ago.
For the quarter, on company basis, the company reported net sales of INR 106.343 million compared with INR 162.600 million for the same period a year ago. Loss from operation before other income, finance cost and exceptional items was INR 36.418 million compared with profit from operation before other income, finance cost and exceptional items of INR 14.637 million for the same period a year ago. Loss from ordinary activities before tax was INR 34.334 million compared with profit of INR 17.583 million for the same period a year ago. Net loss was INR 34.027 million or INR 3.40 per basic and diluted share before and after extraordinary items compared with net profit of INR 17.545 million or INR 1.75 per basic and diluted share before and after extraordinary items for the same period a year ago.
For the nine months, on company basis, the company reported net sales of INR 311.282 million compared with INR 293.266 million for the same period a year ago. Loss from operation before other income, finance cost and exceptional items was INR 39.296 million compared with INR 6.059 million for the same period a year ago. Profit from ordinary activities before tax was INR 33.594 million compared with net profit of INR 97.252 million for the same period a year ago. Net loss was INR 32.848 million or INR 3.28 per basic and diluted share before and after extraordinary items compared with net profit of INR 97.013 million or INR 9.70 per basic and diluted share before and after extraordinary items for the same period a year ago.
Indo Thai Securities Limited is an India-based company, which provides broking and clearing services in the capital and derivatives segments. It offers services to corporate clients, high net worth individuals and retail investors. The Company operates through six segments: Equity, futures, and options (F&O), Currency Derivatives, Mutual Fund, Income from Depository Operations, and Commodity. Its products and services include equity and derivative trading, commodities derivative trading, currency derivative trading, depository services, initial public offer (IPO), insurance, algo trading, portfolio management services, non-convertible debentures, bonds, fixed deposit, wealth management and co-working space. It offers trading platforms, including Winstock - DIET (Desktop Application), Winstock - Online Trading Platform and Winstock - Mobile Application. Its Desktop Application enables trading in products across all asset classes ranging from equities, derivatives, IPOs, and others.
Indo Thai Securities Limited Announces Unaudited Consolidated and Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2016