Company Overview of Visaka Industries Limited
Visaka Industries Limited manufactures and sells corrugated cement fiber sheets primarily in India. It operates in two segments, Building Products and Textile Synthetic Yarn. The company offers asbestos sheets; and accessories, such as close fitting adjustable ridges, apron pieces, north light ridges, barge boards, north light curves, serrated adjustable ridges, roof lights, and ridge finials for use as roofing material. It also provides non-asbestos fiber cement sheets, including V-Boards and V-Panels for use in false ceilings, wall partitions, wall paneling, door panels, mezzanine flooring, back liners, structural glazing back linings, prefabricated buildings, and roofing substrate tiles, ...
1-8-303/69/3, S.P. Road
Founded in 1981
Key Executives for Visaka Industries Limited
Managing Director, Executive Director, Member of Audit Committee, Member of CSR Committee and Member of Stakeholders' Relationship Committee
Total Annual Compensation: $4.4M
Chief Financial Officer, Whole-Time Director and Member of Risk Management Committee
Total Annual Compensation: $4.6M
Chief Business Strategist, Whole-Time Director and Member of Risk Management Committee
Total Annual Compensation: $2.3M
Assistant Vice President of Corporate Affairs, Compliance Officer and Company Secretary
Total Annual Compensation: $1.6M
Compensation as of Fiscal Year 2015.
Visaka Industries Limited Key Developments
Visaka Industries Reports Audited Standalone Earnings Results for the Second Quarter and Half Year Ended September 30, 2015
Nov 14 15
Visaka Industries reported audited standalone earnings results for the second quarter and half year ended September 30, 2015. For the quarter, the company reported net sales of INR 1,895.773 million compared to INR 2,082.930 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 56.924 million compared to INR 92.653 million a year ago. Profit from ordinary activities before tax was INR 14.273 million compared to INR 59.051 million a year ago. Net profit for the period was INR 7.812 million compared to INR 36.939 million a year ago. Basic and diluted earnings per share was INR 0.49 compared to INR 2.33 a year ago.
For the half year, the company reported net sales of INR 5,073.853 million compared to INR 5,187.779 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 321.039 million compared to INR 298.271 million a year ago. Profit from ordinary activities before tax was INR 236.417 million compared to INR 223.914 million a year ago. Net profit for the period was INR 143.981 million compared to INR 148.977 million a year ago. Basic and diluted earnings per share was INR 9.07 compared to INR 9.38 a year ago.
Visaka Industries Limited to Report Q2, 2016 Results on Nov 14, 2015
Oct 29 15
Visaka Industries Limited announced that they will report Q2, 2016 results on Nov 14, 2015
Visaka Industries Limited, Board Meeting, Nov 14, 2015
Oct 29 15
Visaka Industries Limited, Board Meeting, Nov 14, 2015. Agenda: To consider and approve the audited financial results of the company for the second quarter / half year ended September 30, 2015.
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