ifb industries ltd (IFBI) Snapshot

IFB Industries Ltd. reported unaudited standalone earnings results for the fourth quarter and audited standalone earnings results for the full year ended March 31, 2013. For the quarter, the company reported net sales/income from operations (net of excise duty) of INR 2,105.5 million compared to INR 2,021.4 million a year ago. Profit from operations before other income, financial costs & exceptional items was INR 5.6 million compared to INR 0.3 million a year ago. Profit from ordinary activities before tax was INR 48.7 million compared to INR 46.8 million a year ago. Net profit was INR 40.9 million or INR 1.01 per basic and diluted share before and after extraordinary items (not annualized) compared to INR 43.3 million or INR 1.22 per basic and diluted share before and after extraordinary items (not annualized) for the same period a year ago. For the year, the company reported net sales/income from operations (net of excise duty) of INR 8,973.3 million compared to INR 7,848.8 million a year ago. Profit from operations before other income, financial costs & exceptional items was INR 319.2 million compared to INR 263.1 million a year ago. Profit from ordinary activities before tax was INR 434.1 million compared to INR 359.4 million a year ago. Net profit was INR 314.5 million or INR 7.95 per basic and diluted share before and after extraordinary items (not annualized) compared to INR 305.4 million or INR 8.61 per basic and diluted share before and after extraordinary items (not annualized) for the same period a year ago.

IFB Industries Ltd. announced that they will report fiscal year 2013 results on May 29, 2013

IFB Industries Ltd., Board Meeting, May 29, 2013. Agenda: To consider and take on record the audited financial results of the company for the year ended March 31, 2013 along with segment report beside other matters.