Indo Thai Securities Limited announced that the Board of Directors of the company at its meeting held on May 06, 2013 approved the appointment of Mr. Sukrati Ranjan Solanki as an Additional Director (Independent Non Executive) with effect from May 06, 2013 and accepted the resignation of Mr. Sanjay Parmar as Independent Non Executive Director from Board with effect from April 20, 2013.

Indo Thai Securities Limited reported audited standalone and consolidated earnings results for the fourth quarter and full year ended March 31, 2013. For the quarter, on consolidated basis, the company reported net sales/income from operations of INR 10.979 million against INR 14.329 million for the same period in the last year. Total income from operations (net) was INR 13.406 million against INR 14.666 million for the same period in the last year. Profit from operations before other income, finance costs and exceptional items was INR 1.151 million against loss from operations before other income, finance costs and exceptional items of INR 8.728 million for the same period in the last year. Profit from ordinary activities before tax was INR 7.314 million against loss from ordinary activities before tax of INR 4.346 million for the same period in the last year. Net profit was INR 7.262 million against net loss of INR 2.135 million for the same period in the last year. Earnings per basic and diluted share before and after extraordinary items (not annualized) were INR 0.73 against loss per basic and diluted share before and after extraordinary items (not annualized) of INR 0.21 for the same period in the last year. For the year, on consolidated basis, the company reported net sales/income from operations of INR 63.845 million against INR 41.379 million for the same period in the last year. Total income from operations (net) was INR 69.744 million against INR 44.130 million for the same period in the last year. Loss from operations before other income, finance costs and exceptional items was INR 28.073 million against INR 8.582 million for the same period in the last year. Loss from ordinary activities before tax was INR 0.641 million against profit from ordinary activities before tax of INR 3.261 million for the same period in the last year. Net loss was INR 0.700 million against net profit of INR 2.018 million for the same period in the last year. Loss per basic and diluted share before and after extraordinary items (not annualized) was INR 0.07 against earnings per basic and diluted share before and after extraordinary items (not annualized) of INR 0.26 for the same period in the last year. For the quarter, on standalone basis, the company reported turnover/revenue of INR 13.406 million against INR 14.666 million for the same period in the last year. Profit before tax was INR 8.340 million against loss before tax of INR 4.346 million for the same period in the last year. Net profit was INR 8.288 million against net loss of INR 2.135 million for the same period in the last year. Profit from operations before other income, finance costs and exceptional items was INR 2.181 million against loss from operations before other income, finance costs and exceptional items of INR 8.728 for the same period in the last year. Earnings per basic and diluted share before and after extraordinary items (not annualized) were INR 0.53 against loss per basic and diluted share before and after extraordinary items (not annualized) of INR 0.21 for the same period in the last year. Net sales/income from operations were INR 10.979 million against INR 14.329 million for the same period in the last year. For the year, on standalone basis, the company reported turnover/revenue of INR 69.744 million against INR 44.13 million for the same period in the last year. Profit before tax was INR 0.385 million against INR 3.261 million for the same period in the last year. Net profit was INR 0.326 million against INR 2.018 million for the same period in the last year. Profit from operations before other income, finance costs and exceptional items was INR 27.043 million against INR 8.582 for the same period in the last year. Earnings per basic and diluted share before and after extraordinary items (not annualized) were INR 0.03 against INR 0.26 for the same period in the last year. Net sales/income from operations was INR 63.845 million against INR 41.379 million for the same period in the last year.

Indo Thai Securities Limited announced that board meeting will be held on May 6, 2013 to consider the matter of acceptance of resignation of Mr. Sanjay Parmar, Independent Non-Executive Director of the company, who has resigned from the Board of Directors of the company on April 20, 2013 and appointment of Mr. Sukrati Ranjan Solanki as an Additional Director (Independent Non-Executive).