Pincon Spirit Limited posts 47.05% net profit in first quarter of FY16
The company reported a net profit of Rs. 300.42 lakhs in the year ago period.
The quarterly financial results of M/s Pincon Spirit Limited have been prepared on the basis of the interim Financial Statements and in accordance with the recognition and measurement principles laid down in Accounting Standard (AS) 25, Specified under Section 133 of the Companies Act, 2013 read with Rule 7 of the Companies (Accounts) Rules, 2014 and other Accounting Principles generally accepted in India.
The Gross income for the quarter ended June, 2015 is Rs. 23089.93 lakhs (which includes IMFL & IMIL for Rs. 14818.89 lakhs and FMCG for Rs. 8271.04 lakhs) The Gross Income has increased 44.01% as compared to quarter ended June, 2014.
The total expense for the quarter ended June, 2015 is Rs. 21.904.23 lakhs. The total expense has increased 43.56% as compared to quarter ended June, 2014.
“Net profit for the June quarter is Rs. 567.45 lakhs which is almost 1.8 times more than quarter ended June, 2014 and Earning per share is 5.66 which is almost 1.8 times more than the quarter ended June 2014”, said Partha Basu, Deputy CFO of the Company.
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