Peacock Industries Ltd. Reports Un-Audited Financial Results for the Third Quarter and Nine Months Ended December 31, 2012
January 24, 2013 at 04:07 am EST
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Peacock Industries Ltd. reported un-audited financial results for the third quarter and nine months ended December 31, 2012. For the quarter, the company reported total income from operations (net) of INR 89.673 million compared to INR 70.211 million, profit from operations before other income, finance costs and exceptional items of INR 0.590 million compared to loss from operations before other income, finance costs and exceptional items of INR 3.373 million, profit from ordinary activities before tax of INR 0.240 million compared to loss from ordinary activities before tax of INR 4.424 million and net profit of INR 0.240 million or INR 0.02 per basic and diluted share compared to net loss of INR 4.424 million or INR 0.29 per basic and diluted share for the last year.
For the nine months, the company reported total income from operations (net) of INR 205.539 million compared to INR 176.148 million, loss from operations before other income, finance costs and exceptional items of INR 7.021 million compared to INR 9.749 million, loss from ordinary activities before tax of INR 6.174 million compared to INR 13.061 million and net loss of INR 6.174 million or INR 0.40 per basic and diluted share compared to net loss of INR 13.061 million or INR 0.84 per basic and diluted share for the last year.
PIL Italica Lifestyle Limited is an India-based company, which is engaged in the manufacturing of plastic molded furniture and other articles. The Company's segments include Manufacturing and Finance. Its products include plastic furniture products, material handling products, and waste management products. The Company's plastic furniture products include luxury series, spine care series, designer series, oxy series, premium series, armless series, premium series, luxury series, phoenix series, designer series, plastic stool, plastic stool, spine care series, kids chair, designer series, plastic table, dining table and plastic storage cabinet. Its material handling solutions cater to a diverse range of sectors, including fruits and vegetables, hospitality and catering, electronics, engineering, automotive, textiles, fisheries, and food processing. The Company's waste management products include waste bins, waste bins with dome lid and waste bins with swing lid.