sarda papers ltd (SP) Snapshot

Sarda Papers Limited reported unaudited earnings results for the fourth quarter and year ended March 31, 2013. For the quarter, the company reported total income from operations of INR 0.225 million compared to INR 0.246 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 0.432 million compared to INR 0.114 million a year ago. Loss from ordinary activities before tax was INR 0.113 million compared to INR 0.097 million a year ago. Net loss for the period was INR 4.571 million or INR 1.47 per basic and diluted share before and after extraordinary items compared to INR 0.097 million or INR 0.03 per basic and diluted share before and after extraordinary items a year ago. For the full year, the company reported total income from operations of INR 0.900 million compared to INR 0.895 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 1.482 million compared to INR 0.779 million a year ago. Loss from ordinary activities before tax was INR 1.126 million compared to INR 0.363 million a year ago. Net loss for the period was INR 5.584 million or INR 1.79 per basic and diluted share before and after extraordinary items compared to INR 0.363 million or INR 0.12 per basic and diluted share before and after extraordinary items a year ago.

Sarda Papers Limited announced that they will report fiscal year 2013 results on May 24, 2013

Sarda Papers Limited, Board Meeting, May 24, 2013. Agenda: To consider the annual accounts for the year ended March 31, 2013; and to consider the resignation of Shri Pradeep Kumar Sarda from the office of the Directors and appointment of Shri Bansilal Ghisulal Sharma as an Additional Director of the company.