Forbes & Company reports 19% rise in Q4 net profit

01 Jun 2012

Forbes & Company has reported results for fourth quarter and year ended March 31, 2012.

On standalone basis, the company has posted a rise of 19.01% in its net profit at Rs 4.82 crore for the quarter ended March 31, 2012 as compared to Rs 4.05 crore for the same quarter in the previous year. Total income has increased by 14.99% at Rs 81.09 crore for quarter under review as compared to Rs 70.52 crore for the quarter ended March 31, 2011.

For the full year ended March 31, 2012 the company has posted a rise of 715.52% in its net profit at Rs 4.73 crore as compared to Rs 0.58 crore in the previous year. Total income has increased by 21.59% at Rs 284.10 crore for year under review as compared to Rs 233.66 crore for the period ended March 31, 2011.

For the full year ended March 31, 2012, on consolidated basis, the company has posted a fall of 63.59% in its net profit at Rs 48.62 crore as compared to Rs 29.72 crore in the previous year. Total income has increased by 20.16% at Rs 1769.53 crore for year under review as compared to Rs 1472.59 crore for the period ended March 31, 2011.

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