vikash metal & power ltd (VMPL) Snapshot

Vikash Metal & Power Ltd. reported unaudited earnings results for the second quarter and half year ended September 30, 2012. For the quarter, the company reported loss from operations before other income, finance costs and exceptional items of INR 13.99 million compared to INR 210.6 million reported a year ago. Net profit was INR 72.71 million or INR 1.02 per basic and diluted share before and after extraordinary items compared to net loss of INR 146.01 million or INR 0.51 per basic and diluted share before and after extraordinary items reported a year ago. Profit from ordinary activities before tax was INR 72.71 against loss from ordinary activities before tax of INR 111.67 a year ago. For the half year, the company reported loss from operations before other income, finance costs and exceptional items of INR 40.59 million compared to INR 199.81 million reported a year ago. Net loss was INR 150.42 million or INR 2.11 per basic and diluted share before and after extraordinary items compared to net loss of INR 188.89 million or INR 2.27 per basic and diluted share before and after extraordinary items reported a year ago. Loss from ordinary activities before tax was INR 150.4 million against loss from ordinary activities before tax of INR 243.82 million a year ago.

Vikash Metal & Power Ltd., Board Meeting, Feb 14, 2013. Agenda: To consider unaudited financial results for the quarter ended on December 31, 2012.

Vikash Metal & Power Ltd. announced that they will report Q3, 2012 results on Feb 14, 2013