four soft ltd (FOUR) Snapshot

Four Soft Limited announced unaudited consolidated and standalone earnings results for the fourth quarter and audited consolidated and standalone earnings results for the full year ended March 31, 2013. For the quarter, on consolidated basis, the company reported profit from operations before other income, finance costs and exceptional items of INR 46.162 million compared to INR 43.918 million reported a year ago. Net profit was INR 6.876 million or INR 0.18 per basic and diluted share before and after extraordinary items compared to net loss of INR 477.346 million or INR 12.32 per basic and diluted share before and after extraordinary items reported a year ago. Net sales were INR 309.185 million compared to INR 337.593 million reported a year ago. Profit from ordinary activities before tax was INR 19.929 million against loss from ordinary activities before tax of INR 462.521 million a year ago. For the year, on consolidated basis, the company reported profit from operations before other income, finance costs and exceptional items of INR 194.683 million compared to INR 129.239 million reported a year ago. Net profit was INR 115.256 million or INR 2.96 per diluted share before and after extraordinary items compared to net loss of INR 426.38 million or INR 11.00 per basic and diluted share before and after extraordinary items reported a year ago. Net sales were INR 1,325.048 million compared to INR 1,263.246 million reported a year ago. Profit from ordinary activities before tax was INR 160.327 million against loss from ordinary activities before tax of INR 385.695 million a year ago. EBITDA increased by 45% to INR 227.5 million. For the quarter, on standalone basis, the company reported loss from operations before other income, finance costs and exceptional items of INR 30.486 million compared to INR 1.179 million reported a year ago. Net loss was INR 25.163 million or INR 0.65 per basic and diluted share before and after extraordinary items compared to net profit of INR 47.853 million or INR 1.23 per basic and diluted share before and after extraordinary items reported a year ago. Net sales were INR 56.241 million compared to INR 95.837 million reported a year ago. Loss from ordinary activities before tax was INR 25.163 million against profit from ordinary activities before tax of INR 70.986 million a year ago. For the year, on standalone basis, the company reported loss from operations before other income, finance costs and exceptional items of INR 30.003 million compared to INR 92.789 million reported a year ago. Net loss was INR 12.416 million or INR 0.32 per basic and diluted share before and after extraordinary items compared to net loss of INR 32.955 million or INR 0.85 per basic and diluted share before and after extraordinary items reported a year ago. Net sales were INR 323.609 million compared to INR 292.864 million reported a year ago. Loss from ordinary activities before tax was INR 12.416 million against INR 9.348 million a year ago.

Four Soft Limited announced that they will report fiscal year 2013 results on May 30, 2013

Four Soft Limited, Board Meeting, May 30, 2013. Agenda: To consider and approve the audited financial results of the company for the year ended on March 31, 2013.