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July 07, 2015 9:30 PM ET

Food and Staples Retailing

Company Overview of Indiabulls Wholesale Services Ltd.

Company Overview

Indiabulls Wholesale Services Limited, together with its subsidiaries, engages in wholesale trading of various industrial/consumer products and commodities in India. The company operates through Trading, Real Estate Project Under Development, Information Technology Solutions, Facility Maintenance and Other Related Activities, and Equipment Hiring Services segments. It focuses on selling various industrial/consumer products and commodities to retailers, small manufacturers, and local shops. The company also provides financial services, as well as engages in retail business. In addition, it is involved in developing real estate projects in Ahmadabad and Hyderabad; and rendering IT consultancy,...

Indiabulls House 448-451

Udyog Vihar

Phase V

Gurgaon,  122016

India

Founded in 2007

Key Executives for Indiabulls Wholesale Services Ltd.

Indiabulls Wholesale Services Ltd. does not have any Key Executives recorded.

Indiabulls Wholesale Services Ltd. Key Developments

Indiabulls Wholesale Services Ltd. Reports Audited Consolidated and Standalone Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2015

Indiabulls Wholesale Services Ltd. reported audited consolidated and standalone earnings results for the fourth quarter and full year ended March 31, 2015. For the quarter, on consolidated basis, the company reported net sales/income from operations was INR 493.912 million against INR 713.796 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 50.335 million against INR 100.001 million a year ago. Loss from ordinary activities before tax was INR 42.985 million against profit of INR 99.405 million a year ago. Net profit for the period was INR 23.760 million or INR 0.404 basic and diluted per share before and after extraordinary items (not annualized) (face value of INR 2 per equity share) against INR 94.462 million or INR 1.727 diluted per share before and after extraordinary items (not annualized) (face value of INR 2 per equity share) a year ago. For the year, on consolidated basis, the company reported net sales/income from operations was INR 2,060.598 million against INR 2,757.250 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 267.948 million against INR 432.162 million a year ago. Profit from ordinary activities before tax was INR 147.641 million against INR 473.528 million a year ago. Net profit for the period was INR 178.371 million or INR 3.413 diluted per share before and after extraordinary items (face value of INR 2 per equity share) against INR 431.691 million or INR 8.214 diluted per share before and after extraordinary items (face value of INR 2 per equity share) a year ago. For the quarter, on standalone basis, the company reported net sales/income from operations was INR 92.472 million against INR 121.860 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 1.929 million against profit of INR 14.747 million a year ago. Profit from ordinary activities before tax was INR 3.971 million against INR 14.870 million a year ago. Net profit for the period was INR 2.003 million or INR 0.014 basic and diluted loss per share before and after extraordinary items (not annualized) (face value of INR 2 per equity share) against INR 4.962 million or INR 0.044 diluted per share before and after extraordinary items (not annualized) (face value of INR 2 per equity share) a year ago. For the year, on standalone basis, the company reported net sales/income from operations was INR 359.142 million against INR 427.316 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 18.746 million against INR 65.434 million a year ago. Profit from ordinary activities before tax was INR 176.387 million against INR 75.210 million a year ago. Net profit for the period was INR 133.702 million or INR 2.568 diluted per share before and after extraordinary items (face value of INR 2 per equity share) against INR 47.923 million or INR 0.872 diluted per share before and after extraordinary items (face value of INR 2 per equity share) a year ago.

Indiabulls Wholesale Services Ltd. Declares Dividend on Preference Shares

Indiabulls Wholesale Services Ltd. announced that the Board of Directors of the company at its meeting held on May 04, 2015, has declared dividend at the rate of 9% on the preference share capital of the company.

Indiabulls Wholesale Services Ltd. to Report Q4, 2015 Results on May 04, 2015

Indiabulls Wholesale Services Ltd. announced that they will report Q4, 2015 results on May 04, 2015

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