poddar developers ltd (PODL) Snapshot

Poddar Developers Ltd. announced that the Board of Directors of the Company at its meeting held on May 7, 2013, have recommended Dividend at the rate of 15% (INR 1.50 per share) on equity shares of the company for the financial year ended March 31, 2013. The payment for aforesaid final dividend is subject To Approve the shareholders at the ensuing annual general meeting.

Poddar Developers Limited reported audited consolidated and standalone earnings results for the fourth quarter and year ended March 31, 2013. For the quarter, the company reported consolidated profit from ordinary activities before other income, finance costs and exceptional items was INR 159,000, profit from ordinary activities before tax of INR 22,212,000, net profit from ordinary activities after tax of INR 19,697,000, net profit of INR 19,697,000 or INR 4.06 diluted per share on income from operations of INR 107,397,000 against profit from ordinary activities before other income, finance costs and exceptional items was INR 14,693,000, loss from ordinary activities before tax of INR 4,989,000, net loss from ordinary activities after tax of INR 12,180,000, net loss of INR 12,113,000 or INR 2.34 diluted loss per share on income from operations of INR 2,915,000 for the same period a year ago. For the year, the company reported consolidated profit from ordinary activities before other income, finance costs and exceptional items was INR 20,826,000, profit from ordinary activities before tax of INR 112,210,000, net profit from ordinary activities after tax of INR 75,169,000, net profit of INR 75,169,000 or INR 14.73 diluted per share on income from operations of INR 269,508,000 against profit from ordinary activities before other income, finance costs and exceptional items was INR 301,000, loss from ordinary activities before tax of INR 1,107,000, net loss from ordinary activities after tax of INR 8,298,000, net loss of INR 8,298,000 or INR 1.58 diluted loss per share on income from operations of INR 164,444,000 for the same period a year ago. For the quarter, the company reported standalone profit from ordinary activities before other income, finance costs and exceptional items was INR 12,448,000, profit from ordinary activities before tax of INR 20,616,000, net profit from ordinary activities after tax of INR 18,101,000, net profit of INR 18,101,000 or INR 4.06 diluted per share on income from operations of INR 107,397,000 against profit from ordinary activities before other income, finance costs and exceptional items was INR 14,488,000, loss from ordinary activities before tax of INR 5,641,000, net loss from ordinary activities after tax of INR 12,832,000, net loss of INR 12,832,000 or INR 2.47 diluted loss per share on income from operations of INR 2,857,000 for the same period a year ago. For the year, the company reported standalone profit from ordinary activities before other income, finance costs and exceptional items was INR 33,845,000, profit from ordinary activities before tax of INR 127,400,000, net profit from ordinary activities after tax of INR 90,359,000, net profit of INR 90,359,000 or INR 17.36 diluted per share on income from operations of INR 269,508,000 against profit from ordinary activities before other income, finance costs and exceptional items was INR 1,924,000, profit from ordinary activities before tax of INR 16,825,000, net profit from ordinary activities after tax of INR 9,634,000, net profit of INR 9,634,000 or INR 1.85 diluted per share on income from operations of INR 159,812,000 for the same period a year ago.

Poddar Developers Limited announced that they will report fiscal year 2013 results on May 07, 2013