Simran Farms Limited Reports Audited Standalone Earnings Results for the Fourth Quarter and Year Ended March 31, 2019 and Audited Consolidated Earnings Results for the Year Ended March 31, 2019
May 25, 2019 at 09:17 am EDT
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Simran Farms Limited reported audited standalone earnings results for the fourth quarter and year ended March 31, 2019 and audited consolidated earnings results for the year ended March 31, 2019. For the quarter, on standalone basis, Income from Operations was INR 740.289 against INR 584.647 a year ago. Total revenue was INR 740.375 million against INR 584.835 million a year ago. Net profit for the period was INR 6.566 million against INR 30.623 million a year ago. Basic and diluted EPS was INR 1.73 against INR 8.08 a year ago.
For the year, on standalone basis, Income from Operations was INR 3,199.182 against INR 3,409.732 a year ago. Total revenue was INR 3,199.670 million against INR 3,412.855 million a year ago. Net profit for the period was INR 40.369 million against INR 39.404 million a year ago. Basic and diluted EPS was INR 10.65 against INR 10.39 a year ago.
For the year, on consolidated basis, Income from Operations was INR 3,197.393 against INR 3,409.732 a year ago. Total revenue was INR 3,197.881 million against INR 3,412.855 million a year ago. Net profit for the period was INR 40.715 million against INR 40.409 million a year ago. Basic and diluted EPS was INR 10.72 against INR 10.61 a year ago.
Simran Farms Limited is an India-based company. The Company is primarily engaged in poultry breeding and farming activities. It is mainly focused on integration/contract farming with poultry farmers and consolidation of poultry activities and has also arranged its own manufacturing set-up for production of poultry feeds. Further, its breeding farms have automation systems, cages for scientific rearing and artificial insemination and balanced nutrition management for each bird. It has presence in various segments of the poultry sector, including breeding, hatching, broiler farming, feed processing/production, chicken processing, and vet medicine (through Simfa Labs), among others. The Company's parent poultry breeding farms are located near Indore in Madhya Pradesh. Its hatcheries and contract rearing farms are located in Madhya Pradesh, Chhattisgarh, Gujarat, Rajasthan, Punjab, Jammu and Maharashtra.
Simran Farms Limited Reports Audited Standalone Earnings Results for the Fourth Quarter and Year Ended March 31, 2019 and Audited Consolidated Earnings Results for the Year Ended March 31, 2019
SIMRAN FARMS LIMITED 
