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News Details

28/04/2011 00:00

P.H Capital Ltd. declares its fourth quarter results

P.H Capital Ltd. has posted its fourth quarter results ending March 2011 on Tuesday.

The company has registered an increase in its total income amounting to Rs.

209.34 lakh in the quarter ended March 2011 as compared to Rs. 2.35 lakh in the

corresponding quarter last year. The company has also recorded loss of Rs (11.65)

lakh in the quarter ended March 2011 from loss of Rs. (26.43) lakh in the quarter

ended March 2010. Moreover, the expenditure also increased to Rs. 217.90 lakh in

the March 2011 quarter from Rs.11.08 lakh in the corresponding quarter last year.

The paid up equity share capital of the company in the quarter ended March 2011

amounted to Rs. 300.01 lakh.

While for the year ended March 2011, the total income increased to Rs. 945.71

lakh as compared to Rs. 926.13 lakh in the corresponding period last year. The

other income during the year ended March 2011 amounted to Rs. 1.65 lakh as

compared to Rs.6.49 lakh for the year ended March 2010. The total expenditure of

the company increased to Rs. 880.52 lakh from Rs. 719.03 lakh for the year ended

March 2010 and this increase was mainly attributed to decrease in stock in trade

to Rs. 107.58 lakh as against an increase in stock of (Rs. 28.03 lakh) and increase in

purchases of traded goods from Rs. 702.96 lakh to Rs. 729.09 lakh. Moreover, the

net profit during the period declined to Rs. 43.81 lakh from Rs.161.35 lakh for the

year ended March 2010.