bls infotech ltd (BIN) Snapshot

BLS Infotech Ltd. reported unaudited earnings results for the fourth quarter and audited earnings results for the full year ended March 31, 2013. For the quarter, the company reported net sales/income from operations of INR 83.356 million, loss from operations before other income, interest & exceptional items of INR 4.733 million, loss from ordinary activities before tax of INR 3.022 million, net loss of INR 3.022 million compared to the net sales/income from operations of INR 224.876 million, profit from operations before other income, interest & exceptional items of INR 26.408 million, profit from ordinary activities before tax of INR 26.408 million, net profit of INR 26.408 million or INR 0.060 per basic and diluted share after extraordinary items for the same quarter year ago. For the year, the company reported net sales/income from operations of INR 195.448 million, loss from operations before other income, interest & exceptional items of INR 0.801 million, profit from ordinary activities before tax of INR 0.910 million, net profit of INR 0.911 million compared to the net sales/income from operations of INR 179.670 million, loss from operations before other income, interest & exceptional items of INR 59.234 million, loss from ordinary activities before tax of INR 57.025 million, net loss of INR 40.309 million for the previous year.

BLS Infotech Ltd., Board Meeting, May 27, 2013. Agenda: To consider earnings results for the fourth quarter and full year ended March 31, 2013.

BLS Infotech Ltd. announced unaudited earnings results for the third quarter and nine months period ended December 31, 2012. For the quarter, the company reported net sales of INR 41.525 million against INR 16.085 million a year ago. Profit from operations before other income, interest and exceptional items was INR 0.935 million against loss from operations before other income, interest and exceptional items of INR 3.951 million a year ago. Profit from ordinary activities before tax was INR 0.935 million against loss from ordinary activities before tax of INR 3.951 million a year ago. Net profit for the period was INR 0.935 million against net loss of INR 3.951 million a year ago. For the nine months period, the company reported net sales of INR 112.092 million, profit from operations before other income, interest and exceptional items of INR 7.260 million, profit from ordinary activities before tax of INR 7.260 million, net profit for the period of INR 7.26 million or INR 0.02 per basic and diluted earnings per share before and after extraordinary items.