RSWM reports 93.92% fall in Q4 net profit

Accord Fintech – Sat 5 May, 2012 4:57 PM IST

RSWM has reported results for fourth quarter and year ended March 31, 2011.

On the standalone basis, the company has posted a fall of 93.92% in its net profit at Rs 2.74 crore for the quarter ended March 31, 2012 as compared to Rs 45.08 crore for the same quarter in the previous year. Total income has decreased by 4.33% at Rs 579.32 crore for quarter under review as compared to Rs 605.57 crore for the quarter ended March 31, 2011

The company’s consolidated net loss of Rs 42.72 crore for the year ended March 31, 2011, against net profit of Rs 133.75 crore for the corresponding period last fiscal. Total income decreased by 0.19% at Rs 2149.93 crore during the year under review from Rs 2154.04 crore in the year-ago period.

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Copyright 2012 Accord Fintech Pvt. Ltd., distributed by Contify.com

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