Magnanimous Trade & Finance Ltd. Announces Unaudited Standalone Earnings Results for the Second Quarter and Six Months Ended September 30, 2014
For the six months, the company's net sales/income from operations was INR 0.17 million compared with INR 1.9 million a year ago. Loss from operations before other income, finance cost and exceptional items was INR 1.2 million compared with INR 1.2 million a year ago. Profit from ordinary activities before tax was INR 0.2 million compared with INR 1.4 million a year ago. Net profit was INR 0.13 million or INR 0.13 per basic and diluted share compared with INR 1.1 million or INR 1.15 per basic and diluted share a year ago.