August 30, 2014 12:55 PM ET

Electrical Equipment

Company Overview of S&S Power Switchgear Limited

Company Overview

S&S Power Switchgear Limited, together with its subsidiaries, designs, manufactures, and sells control and protection equipment for power generation, transmission, and distribution systems in India. The company offers various disconnectors, including center break, double break, pantograph, and vertical break series ranging from 36 kv to 800 kv. Its double break disconnectors consist of rotating hamper assemblies, fixed contact assemblies, support insulators, disconnector bases, inter phase coupling pipes, support structures, and interlocks; and pantograph disconnectors include trapeze contacts, scissor assemblies, main frame assemblies, support insulators, operating rod insulators, support s...

No. 67, Dr. Ranga Road

II Floor

Mylapore

Chennai,  600004

India

Founded in 1975

Phone:

91 44 2498 8056

Fax:

91 44 2498 8058

Key Executives for S&S Power Switchgear Limited

Chairman
Age: 50
Chief Executive Officer
Senior General Manager of Corporate Affairs
Compliance Officer and Company Secretary
Compensation as of Fiscal Year 2014.

S&S Power Switchgear Limited Key Developments

S &S Power Switchgear Limited Reports Unaudited Consolidated and Standalone Earnings Results for the First Quarter Ended June 30, 2014

S&S Power Switchgear Limited reported unaudited consolidated and standalone earnings results for the first quarter ended June 30, 2014. For the quarter, on consolidated basis, the company reported net sales/income from operations of INR 254.8 million compared to INR 205.9 million for the same period a year ago. Profit from operations before other income, finance costs and exceptional items were INR 11.9 million compared to profit of INR 0.3 million last year. Profit from ordinary activities before tax was INR 11.0 million against loss of INR 1.8 million last year. Net profit was INR 11.0 million or INR 1.49 per basic and diluted share after extraordinary items compared to INR 14.6 million or INR 0.21 per basic and diluted share after extraordinary items a year ago. For the quarter, on standalone basis, the company reported net sales/income from operations of INR 4.3 million compared to INR 4.0 million for the same period a year ago. Profit from operations before other income, finance costs and exceptional items were INR 1.2 million compared to profit of INR 0.8 million last year. Profit from ordinary activities before tax was INR 1.5 million against INR 1.9 million last year. Net profit was INR 1.5 million or INR 0.24 per basic and diluted share before and after extraordinary items compared to INR 1.9 million or INR 0.31 per basic and diluted share before and after extraordinary items a year ago.

S&S Power Switchgear Limited, Board Meeting, Aug 13, 2014

S&S Power Switchgear Limited, Board Meeting, Aug 13, 2014. Agenda: To consider the unaudited consolidated and standalone earnings results for the first quarter ended June 30, 2014.

S&S Power Switchgear Limited Reports Audited Standalone Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2014 and Audited Consolidated Earnings Results for the Full Year Ended March 31, 2014

S&S Power Switchgear Limited reported audited standalone earnings results for the fourth quarter and full year ended March 31, 2014 and audited consolidated earnings results for the full year ended March 31, 2014. For the quarter, on standalone basis, the company reported net sales/income from operations of INR 4.2 million compared to INR 5.2 million for the same period a year ago. Loss from operations before other income, finance costs and exceptional items were INR 1.3 million compared to profit of INR 5.4 million last year. Loss from ordinary activities before tax was INR 0.9 million against profit of INR 9.9 million last year. Net loss was INR 0.9 million or INR 0.15 per basic and diluted share after extraordinary items and negative INR 2.35 per basic and diluted share after extra ordinary items compared to INR 14.6 million or INR 2.35 per basic and diluted share after extraordinary items a year ago. For the year, on standalone basis, the company reported net sales/income from operations of INR 16.4 million compared to INR 20.4 million for the same period a year ago. Profit from operations before other income, finance costs and exceptional items were INR 0.2 million compared to INR 1.4 million last year. Profit from ordinary activities before tax was INR 12.6 million against INR 46.8 million last year. Net profit was INR 12.6 million or INR 2.03 per basic and diluted share after extra ordinary items compared to loss of INR 26.6 million or INR 4.30 per basic and diluted after extraordinary items a year ago. For the year, on consolidated basis, the company reported net sales/income from operations of INR 896.2 million compared to INR 604.5 million for the same period a year ago. Profit from operations before other income, finance costs and exceptional items were INR 18.4 million compared to loss of INR 73 million last year. Profit from ordinary activities before tax was INR 23 million against loss of INR 37.7 million last year. Net profit was INR 24.3 million or INR 2.87 per basic and diluted share after extraordinary items compared to loss of INR 87.6 million or INR 6.54 per basic and diluted share after extraordinary items last year.

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