savani financials ltd (SVF) Snapshot

Savani Financials Ltd. announced that they will report Q4, 2013 results on May 31, 2013

Savani Financials Ltd. reported unaudited earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, the company announced income from operations of INR 0.307 million compared to INR 0.190 million a year ago. Profit from operations before other income, finance costs and exceptional items were INR 0.256 million compared to INR 0.104 million a year ago. Profit from ordinary activities before tax was INR 0.266 million compared to INR 0.109 million a year ago. Net profit was INR 0.266 million or INR 0.07 per basic and diluted share compared to INR 0.109 million or INR 0.03 per basic and diluted share a year ago. For the nine months period, the company announced income from operations of INR 0.887 million compared to INR 0.190 million a year ago. Profit from operations before other income, finance costs and exceptional items were INR 0.573 million compared to loss from operations before other income, finance costs and exceptional items of INR 0.105 million a year ago. Profit from ordinary activities before tax was INR 0.583 million compared to loss from ordinary activities before tax of INR 0.075 million a year ago. Net profit was INR 0.583 million or INR 0.15 per basic and diluted share compared to net loss of INR 0.075 million or INR 0.02 per basic and diluted share a year ago.

Savani Financials Ltd., Board Meeting, Feb 08, 2013. Agenda: To consider quarterly results.