March 27, 2017 12:27 AM ET

Textiles, Apparel and Luxury Goods

Company Overview of Prashant India Ltd.

Company Overview

Prashant India Limited engages in the textiles business in India. The company is involved in manufacturing job work of sized yarn beams and texturizing of yarns. It also engages in the wind power generation business. The company was formerly known as Prashant Proteins Ltd and changed its name to Prashant India Limited in 1995. Prashant India Limited was incorporated in 1983 and is based in Surat, India.

Palsana Char Rasta

Block No. 456

N.H. 8

Palsana

Surat,  394315

India

Founded in 1983

Phone:

91 26 2232 5227

Key Executives for Prashant India Ltd.

Chairman and Managing Director
Age: 68
Chief Financial Officer
Whole Time Director
Age: 54
Company Secretary
Compensation as of Fiscal Year 2016.

Prashant India Ltd. Key Developments

Prashant India Ltd. Announces Unaudited Standalone Earnings Results for Third Quarter and Nine Months Ended December 31, 2016

Prashant India Ltd. announced unaudited earnings results for third quarter and nine months ended December 31, 2016. For the quarter, the company reported net sales/income from operations of INR 5.445 million, loss from operations before other income, finance costs and exceptional items of INR 0.522 million, profit from ordinary activities before tax of INR 0.073 million, net profit of INR 0.073 million compared to the net sales/loss from operations of INR 1.820 million, loss from operations before other income, finance costs and exceptional items of INR 2.963 million, loss from ordinary activities before tax of INR 2.934 million, net loss of INR 2.934 million for the same quarter a year ago. Basic and diluted earnings for share before and after extraordinary items was INR 0.02 compared to loss of INR 0.69 a year ago. For the nine months, the company reported net sales/income from operations of INR 8.872 million, loss from operations before other income, finance costs and exceptional items of INR 0.563 million, profit from ordinary activities before tax of INR 1.250 million, net profit of INR 1.250 million compared to the net sales/income from operations of INR 1.180 million, loss from operations before other income, finance costs and exceptional items of INR 3.941 million, loss from ordinary activities before tax of INR 2.984 million, net loss of INR 2.984 million for the same quarter a year ago. Basic and diluted earnings for share before and after extraordinary items was INR 0.30 compared to loss of INR 0.70 a year ago.

Prashant India Ltd. to Report Q3, 2017 Results on Feb 13, 2017

Prashant India Ltd. announced that they will report Q3, 2017 results on Feb 13, 2017

Prashant India Ltd., Board Meeting, Feb 13, 2017

Prashant India Ltd., Board Meeting, Feb 13, 2017. Agenda: To consider and approve the quarterly unaudited financial results of the company for the quarter ended December 31, 2016.

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Recent Private Companies Transactions

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