COMPANY QUOTE

details
Share Market News
The December 2019 quarter revenue stood at Rs. 214.76 millions, up 10.66% as compared to Rs. 194.08 millions during the corresponding quarter last year.Good Net Profit growth of 43.72% reported above the corresponding previous quarter figure of Rs. 37.28 millions to Rs. 53.58 millioins.A decline of 83.14 millions was observed in the OP in the quarter ended December 2019 from 90.75 millions on QoQ basis. (Rs. in Million) Quarter ended Year to Date Year ended 201912 201812 % Var 201912 201812 % Var 201903 201803 % Var Sales 214.76 194.08 10.66 478.24 448.39 6.66 660.94 574.55 15.04 Other Income 3.15 5.31 -40.68 14.52 13.02 11.52 22.16 51.94 -57.34 PBIDT 83.14 90.75 -8.39 128.04 153.20 -16.42 256.24 235.94 8.60 Interest 10.76 15.83 -32.03 46.86 46.25 1.32 72.54 61.61 17.74 PBDT 72.38 74.92 -3.39 81.18 106.95 -24.10 183.71 174.33 5.38 Depreciation 6.19 5.75 7.65 18.24 17.35 5.13 23.05 24.86 -7.28 PBT 66.19 69.17 -4.31 62.94 89.60 -29.75 160.66 149.47 7.49 TAX 12.61 31.89 -60.46 18.55 37.84 -50.98 68.87 67.18 2.52 Deferred Tax -0.26 -0.22 18.18 -0.32 -0.75 -57.33 0.07 -8.17 -100.86 PAT 53.58 37.28 43.72 44.39 51.76 -14.24 91.80 82.29 11.56 Equity 160.00 160.00 0.00 160.00 160.00 0.00 160.00 160.00 0.00 PBIDTM(%) 38.71 46.76 -17.21 26.77 34.17 -21.64 38.77 41.07 -5.59
With no major difference for the quarter endedJune 2018 , the total revenue stood at Rs. 131.67 millions.Profit after Tax for the quarter ended June 2018 saw a decline of -33.68% from Rs. 16.18 millions to Rs. 10.73 millions.The Operating Profit of the company witnessed a decrease to 35.23 millions from 52.85 millions. (Rs. in Million) Quarter ended Year to Date Year ended 201806 201706 % Var 201806 201706 % Var 201803 201703 % Var Sales 131.67 129.25 1.87 131.67 129.25 1.87 574.55 604.82 -5.00 Other Income 5.38 12.75 -57.80 5.38 12.75 -57.80 51.94 62.77 -17.25 PBIDT 35.23 52.85 -33.34 35.23 52.85 -33.34 235.94 288.00 -18.08 Interest 15.18 13.77 10.24 15.18 13.77 10.24 61.61 62.21 -0.96 PBDT 20.05 39.08 -48.69 20.05 39.08 -48.69 174.33 225.79 -22.79 Depreciation 5.79 6.19 -6.46 5.79 6.19 -6.46 24.86 26.97 -7.82 PBT 14.26 32.89 -56.64 14.26 32.89 -56.64 149.47 198.82 -24.82 TAX 3.53 16.71 -78.87 3.53 16.71 -78.87 67.18 90.50 -25.77 Deferred Tax -0.37 -0.30 23.33 -0.37 -0.30 23.33 -8.17 -0.86 850.00 PAT 10.73 16.18 -33.68 10.73 16.18 -33.68 82.29 108.32 -24.03 Equity 160.00 160.00 0.00 160.00 160.00 0.00 160.00 160.00 0.00 PBIDTM(%) 26.76 40.89 -34.56 26.76 40.89 -34.56 41.07 47.62 -13.76
The company`s total revenue for the quarter ended December 2017 saw a slight change in the total revenue, having registered a total revenue of Rs. 183.31 millions.The Net Profit of the company registered a slight decline of -0.40% to Rs. 42.04 millions from Rs. 42.21 millions.Operating profit surged to 93.89 millions from the corresponding previous quarter of 93.56 millions. (Rs. in Million) Quarter ended Year to Date Year ended 201712 201612 % Var 201712 201612 % Var 201703 201603 % Var Sales 183.31 179.50 2.12 397.51 426.99 -6.90 617.90 606.70 1.85 Other Income 12.08 14.58 -17.15 38.77 41.48 -6.53 50.30 70.20 -28.35 PBIDT 93.89 93.56 0.35 163.86 185.04 -11.45 286.30 264.70 8.16 Interest 14.05 14.09 -0.28 41.47 41.73 -0.62 0.00 1.00 -100.00 PBDT 79.84 79.47 0.47 122.39 143.31 -14.60 286.30 263.70 8.57 Depreciation 6.30 6.81 -7.49 18.75 20.05 -6.48 27.00 32.10 -15.89 PBT 73.54 72.66 1.21 103.64 123.24 -15.90 259.30 231.60 11.96 TAX 31.50 30.45 3.45 50.89 57.68 -11.77 91.10 91.10 0.00 Deferred Tax 0.46 -0.93 -149.46 -0.86 -3.11 -72.35 -0.30 2.20 -113.64 PAT 42.04 42.21 -0.40 52.75 65.56 -19.54 168.20 140.50 19.72 Equity 160.00 160.00 0.00 160.00 160.00 0.00 160.00 160.00 0.00 PBIDTM(%) 51.22 52.12 -1.73 41.22 43.34 -4.88 46.33 43.63 6.20
Fomento Resorts & Hotels has informed that Voicunta Srinivas Poi Raikar, Independent Director has submitted his resignation to the Board of Directors, as a Director of the Company vide his letter dated May 24, 2016 due to ill health which was received by the Company on May 28, 2016. The Board of Directors of the Company has taken on record the resignation of Voicunta Srinivas Poi Raikar as a Director at their meeting held on May 30, 2016 which shall be effective from May 28, 2016.The above information is a part of company’s filings submitted to BSE.
Fomento Resorts & Hotels has informed about standalone financial results and standalone limited review for the period ended December 31, 2015.The above information is a part of company’s filings submitted to BSE.
Fomento Resorts & Hotels has submitted a copy of newspaper advertisement of result of postal ballot.The above information is a part of company’s filings submitted to BSE.
Fomento Resorts & Hotels has informed that the Company has received a letter dated October 28, 2015 from the promoters Anju Timblo and Auduth Timblo intimating the Company about their intention to withdraw from the De-listing process, which is enclosed hereto.The above information is a part of company’s filings submitted to BSE.
Fomento Resorts & Hotels has submitted a copy of notice of postal ballot.The above information is a part of company’s filings submitted to BSE.
Fomento Resorts & Hotels has informed that a meeting of the Board of Directors of the Company will be held on September 26, 2015, to transact and consider the increase in the Authorized Share Capital of the Company, to consider issue of Preference shares, to approve the draft Postal Ballot notice to be sent to the shareholders for seeking consent and to consider appointment of Scrutinizer for postal ballot process.The above information is a part of company’s filings submitted to BSE.
Fomento Resorts & Hotels has informed about the Standalone Financial Results & a copy of the Limited Review Report for the period ended September 30, 2014. The above information is a part of company’s filings submitted to BSE.
Fomento Resorts & Hotels has informed that a meeting of the Board of Directors of the Company will be held on November 12, 2014, to consider the Un-audited Financial Results for the quarter and six months ended September 30, 2014 and also consider the proposal for Voluntary Delisting of Equity Shares of the Company.The above information is a part of company’s filings submitted to BSE
Fomento Resorts & Hotels has informed that the 43rd Annual General Meeting (AGM) of the Company was held on September 27, 2014.The above information is a part of company’s filings submitted to BSE