welspun syntex ltd (WLS) Snapshot

Welspun Syntex reported audited earnings results for the fourth quarter and full year ended March 31, 2013. For the quarter, the company reported net sales/income from operations of INR 1,941.964 million against INR 1,555.868 million for the same period last year. Profit from operations before other income, interest and exceptional items was INR 51.448 million against INR 64.770 million for the same period last year. Profit from ordinary activities before tax was INR 16.753 million against INR 12.067 million for the same period last year. Net profit for the period was INR 16.753 million against INR 12.156 million for the same period last year. Basic and diluted earnings per share were INR 0.58 against INR 0.41 for the same period last year. For the year, the company reported net sales/income from operations of INR 7,602.053 million against INR 6,000.134 million for the same period last year. Profit from operations before other income, interest and exceptional items was INR 321.669 million against INR 269.236 million for the same period last year. Profit from ordinary activities before tax was INR 160.246 million against INR 115.635 million for the same period last year. Net profit for the period was INR 160.246 million against INR 115.724 million for the same period last year. Basic and diluted earnings per share were INR 6.23 against INR 4.47 for the same period last year.

Welspun Syntex, Board Meeting, May 22, 2013. Agenda: To consider audited earnings results for the fourth quarter and full year ended March 31, 2013.

Welspun Syntex reported unaudited earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, the company reported net sales/income from operations of INR 1,911,323,000 against INR 1,664,763,000 for the same period last year. Profit from operations before other income, interest and exceptional items was INR 64,094,000 against INR 58,356,000 for the same period last year. Profit from ordinary activities before tax was INR 23,781,000 against INR 18,057,000 for the same period last year. Net profit for the period was INR 23,781,000 against INR 18,057,000 for the same period last year. Basic and diluted earnings per share were INR 0.89 against basic and diluted loss per share of INR 0.66 for the same period last year. For the nine months, the company reported total income from operations of INR 5,779,612,000 against INR 4,520,340,000 for the same period last year. Profit from operations before other income, interest and exceptional items was INR 270,222,000 against INR 204,467,000 for the same period last year. Profit from ordinary activities before tax was INR 143,493,000 against INR 103,568,000 for the same period last year. Net profit for the period was INR 143,493,000 against INR 103,568,000 for the same period last year. Basic and diluted earnings per share were INR 5.74 against INR 4.06 for the same period last year.