Adhikari Brothers post net profit of Rs 65.7 million

MUMBAI: Sri Adhikari Brothers Television Networks Ltd has posted a marginally lower total income for the fourth quarter of fiscal 2005-06 at Rs 128.3 million compared to corresponding fourth quarter total income of Rs 138 million.

For fiscal year 2005-06 ending 31 March, the company reported a total income of Rs 414.8 million, gross profit of Rs 77.3 million and net profit of Rs 65.7 million, according to an official release.

The gross profit was higher by 284.47 per cent at Rs 31 million for the fourth quarter compared to previous year's last quarter gross profit figure of Rs 10.9 million.

At the net profit levels, the company has posted a positive figure of Rs 20.3 million compared to previous year's fourth quarter net loss of Rs 21.7 million. This translates into a basic earnings per share of Rs 0.44 on its equity shares with a face value of Rs 2 per share.

The earning per share (EPS) for fiscal 2006 translates to Rs 1.42 per share (face value: Rs 2).

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