SRS Limited's Quarterly Income (Unaudited) Crosses Rs. 1000 Crore for the Quarter Ended 30th June 2014
DELHI, August 11, 2014 /PRNewswire/ --
PAT Increases to Rs. 1655 Lacs, From Rs. 424 Lacs in the Corresponding Quarter Last Year
SRS Limited, a BSE and NSE listed company, has announced its unaudited quarterly results for the quarter ended June 2014.
The company has posted a jump of 3.5% in total income from operations (net) which grew to Rs. 102071.74 lacs in the quarter ended 30th June, 2014, compared to Rs. 98548.49 lacs in the quarter ended 30th June 2013.
Profit after Tax rose to Rs. 1655 lacs compared to Rs. 424 lacs reported in the quarter ended 30th June 2013. EPS also showed a significant upside, rising to Rs. 1.19, compared to Rs. 0.30 in the corresponding quarter ended 30 June 2013. No investor complaints were received in the quarter.
Commenting on the company's performance, Dr. Anil Jindal, Chairman, SRS Limited said, "I am happy to see the company's topline show a healthy growth, and this reaffirms our business strategy and results. We have made significant expansions in first half of 2014 as well, and hence eagerly look forward to the next quarter's performance. I thank all stakeholders who have contributed in taking the company ahead. The coming quarters too should be very good as they bring with them the exciting festive season."
About SRS Limited
Incorporated in the year 2000, SRS Limited is a Faridabad (Delhi NCR) headquartered company with a presence in gold and jewellery, film exhibition, retail and hospitality sectors. The company is listed on both the BSE and the NSE and for records closed FY 2014 with a turnover of Rs. 3447.83 crores. Its operations span across several cities in north India such as Delhi, Gurgaon, Faridabad, Noida, Ghaziabad, Shimla, Sonepat, Bareilly and more, in addition to presence in Ahmedabad and Mumbai as well.
In jewellery, SRS Limited has 8 retail showrooms, 1 EOU and 4 wholesale offices, and in cinemas it has 17 cinemas with 48 screens. Its retail operations encompass 40 stores across the FMCG and apparel categories, and the hospitality business comprises food-courts, fine dining restaurants, banquets and packaged food.
SRS Limited is a part of the larger SRS Group, which has a turnover of Rs. 5000 crores and additional interests in real estate, financial services and healthcare sectors. The group was ranked at the 2nd position by Business World in May 2013 in the middleweight organisations category. Further, SRS Limited was ranked as the 48th fastest growing company in 2013-14 by Business World in its July 2014 issue.
Website: www.srsparivar.com
Media Contact: Manoj Sharma, [email protected], +91-9811135420, Clout Communications
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