mahanivesh india ltd (MHVI) Snapshot

Mahanivesh (India) Limited reported audited earnings results for the fourth quarter and year ended March 31, 2013. For the quarter, the company reported total income was INR 115.48 million against INR 139.39 million for the same period last year. Loss from ordinary activities before tax was INR 2.91 million against INR 1.66 million for the same period last year. Net loss was INR 2.96 million or INR 0.30 per basic and diluted share after extraordinary items against INR 1.66 million or INR 0.17 per basic and diluted share after extraordinary items for the same period last year. For the year, the company reported total income was INR 488.33 million against INR 456.26 million for the same period last year. Profit from ordinary activities before tax was INR 0.48 million against INR 0.93 million for the same period last year. Net profit was INR 0.43 million or INR 0.04 per basic and diluted share after extraordinary items against INR 0.93 million or INR 0.09 per basic and diluted share after extraordinary items for the same period last year.

Mahanivesh (India) Limited, Board Meeting, May 15, 2013. Agenda: To consider audited earnings results for the fourth quarter and year ended March 31, 2013.

Mahanivesh (India) Limited announced unaudited earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, the company reported net profit was INR 2.08 million or INR 0.21 per basic and diluted share before and after extraordinary items compared to INR 1.24 million or INR 0.12 per basic and diluted share before and after extraordinary items reported a year ago. Gross sales were INR 120.11 million compared to INR 119.53 million reported a year ago. Profit from ordinary activities before tax was INR 2.08 million against INR 1.24 million a year ago. For the nine months, the company reported net profit was INR 3.39 million or INR 0.34 per basic and diluted share before and after extraordinary items compared to INR 2.55 million or INR 0.25 per basic and diluted share before and after extraordinary items reported a year ago. Gross sales were INR 372.10 million compared to INR 371.52 million reported a year ago. Profit from ordinary activities before tax was INR 3.39 million against INR 2.55 million a year ago.