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ocean agro (india) (519491) Details

Ocean Agro (India) Limited produces and sells agro chemicals in India. The company provides special LDPE valve type polymer bags, polybutadiene rubber films, co-extruded films, and other packaging materials; agro inputs, such as organic fertilizers, bio fertilizers, organic pesticides, organic fungicides, bio fungicides, viricides, and organic plant growth hormones; and irrigation equipment comprising drip and sprinkler systems. The company sells its products through a network of dealers. Ocean Agro (India) Limited was incorporated in 1990 and is headquartered in Baroda, India.

Founded in 1990

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ocean agro (india) (519491) Key Developments

Ocean Agro (India) Limited Revises Audited Standalone Earnings Results for the Fourth Quarter and Full Year and Audited Consolidated Earnings Results for the Full Year Ended March 31, 2014

Ocean Agro (India) Limited revised audited standalone earnings results for the fourth quarter and full year and audited consolidated earnings results for the full year ended March 31, 2014. For the quarter, on standalone basis, the company reported net sales or income from operations (net of excise duty) of INR 30.464 million against INR 29.753 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 5.667 million against loss from operations before other income, finance costs and exceptional items of INR 0.268 million a year ago. Profit from ordinary activities before tax was INR 4.166 million against loss from ordinary activities before tax of INR 2.135 million a year ago. Net loss for the period was INR 0.193 million against INR 2.135 million a year ago. For the year, on standalone basis, the company reported net sales/income from operations of INR 201.274 million against INR 160.912 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 17.274 million against INR 8.410 million a year ago. Profit from ordinary activities before tax was INR 11.912 million against INR 1.947 million a year ago. Net profit for the period was INR 1.278 million against INR 0.122 million a year ago. Basic and diluted earnings per share before and after extraordinary items were INR 0.19 against INR 0.02 a year ago. For the year, on consolidated basis, the company reported net sales/income from operations (net of excise duty) of INR 202.133 million against INR 160.912 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 4.040 million against INR 8.410 million a year ago. Loss from ordinary activities before tax was INR 1.322 million against profit from ordinary activities before tax of INR 1.947 million a year ago. Net loss for the period was INR 11.956 million against net profit for the period of INR 0.122 million a year ago. Basic and diluted earnings per share before and after extraordinary items were INR 0.00 against INR 0.02 a year ago.

Ocean Agro (India) Limited Appoints Anup Shah as Chief Financial Officer

Ocean Agro (India) Limited informed that Mr. Anup Shah has been appointed as Chief Financial Officer by the Board in its meeting held on May 30, 2014.

Ocean Agro (India) Limited Reports Audited Standalone and Consolidated Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2014

Ocean Agro (India) Limited reported audited standalone and consolidated earnings results for the fourth quarter and full year ended March 31, 2014. For the quarter on standalone basis, the company reported net sales/income from operations (net of excise duty) of INR 30.464 million against INR 29.753 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 5.667 million against loss from operations before other income, finance costs and exceptional items of INR 0.268 million a year ago. Profit from ordinary activities before tax was INR 4.166 million against loss from ordinary activities before tax of INR 2.135 million a year ago. Net loss for the period was INR 0.193 million against INR 2.135 million a year ago. Basic and diluted earnings per share were INR 0.35. For the year on standalone basis, the company reported net sales/income from operations (net of excise duty) of INR 201.274 million against INR 160.912 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 17.274 million against INR 8.410 million a year ago. Profit from ordinary activities before tax was INR 11.912 million against INR 1.947 million a year ago. Net profit for the period was INR 1.278 million against INR 0.122 million a year ago. Basic and diluted earnings per share were INR 0.19 against INR 0.02 a year ago. For the year on consolidated basis, the company reported net sales/income from operations (net of excise duty) of INR 202.133 million against INR 160.912 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 4.040 million against INR 8.410 million a year ago. Loss from ordinary activities before tax was INR 1.322 million against profit from ordinary activities before tax of INR 1.947 million a year ago. Net loss for the period was INR 11.956 million against net profit for the period of INR 0.122 million a year ago. Basic and diluted earnings per share were INR 0.19 against INR 0.02 a year ago.

 

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