March 30, 2017 10:06 AM ET

Diversified Financial Services

Company Overview of ICDS Ltd.

Company Overview

ICDS Ltd. operates as a non-banking financial services company in India. The company markets insurance products of life and general insurance companies; and collects overdue telecom bills from post paid subscribers. It serves customers through a network of agents. The company was formerly known as Industrial Credit and Development Syndicate Ltd. and changed its name to ICDS Ltd. in December 1992. ICDS Ltd. was incorporated in 1971 and is based in Manipal, India with additional branches and offices in India.

Syndicate House

pendranagar

Manipal,  576 104

India

Founded in 1971

Phone:

91 82 0257 1121

Fax:

91 82 0257 1137

Key Executives for ICDS Ltd.

Chairman and Whole-Time-Director
Age: 83
Chief Financial Officer
Compliance Officer and Company Secretary
General Manager
Compensation as of Fiscal Year 2016.

ICDS Ltd. Key Developments

ICDS Ltd. Announces Unaudited Standalone and Consolidated Earnings Results for the Third Quarter and Nine Months Ended December 31, 2016

ICDS Ltd. announced unaudited standalone and consolidated earnings results for the third quarter and nine months ended December 31, 2016. For the quarter, on standalone basis, the company reported net sales/income from operations of INR 5.489 million against INR 12.901 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 0.746 against loss of INR 1.079 million a year ago. Profit from ordinary activities before tax was INR 1.998 million against loss of INR 1.483 million a year ago. Net profit for the period was INR 1.588 million against net loss of INR 1.483 million a year ago. Basic and diluted earnings per share before and after extraordinary items not annualized were INR 0.12 against loss of INR 0.11 per share a year ago. For the nine months, on standalone basis, the company reported net sales/income from operations of INR 16.195 million against INR 37.169 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 6.110 million against INR 0.714 million a year ago. Profit from ordinary activities before tax was INR 10.111 million against INR 3.816 million a year ago. Net profit for the period was INR 8.451 million against INR 3.316 million a year ago. Basic and diluted earnings per share before and after extraordinary items not annualized were INR 0.65 against INR 0.25 per share a year ago. For the quarter, on consolidated basis, the company reported net sales/income from operations of INR 6.141 million against INR 12.202 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 1.293 million against loss of INR 1.842 million a year ago. Profit from ordinary activities before tax was INR 2.657 million against loss of INR 0.869 million a year ago. Net profit for the period was INR 1.897 million against loss of INR 1.692 million a year ago. Basic and diluted earnings per share before and after extraordinary items not annualized were INR 0.15 against loss of INR 0.13 per share a year ago. For the nine months, on consolidated basis, the company reported net sales/income from operations of INR 17.659 million against INR 39.723 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 7.017 million against INR 2.570 million a year ago. Profit from ordinary activities before tax was INR 11.276 million against INR 5.767 million a year ago. Net profit for the period was INR 8.666 million against INR 4.444 million a year ago. Basic and diluted earnings per share before and after extraordinary items not annualized were INR 0.67 against INR 0.34 per share a year ago.

ICDS Ltd. to Report Q3, 2017 Results on Feb 09, 2017

ICDS Ltd. announced that they will report Q3, 2017 results on Feb 09, 2017

ICDS Ltd., Board Meeting, Feb 09, 2017

ICDS Ltd., Board Meeting, Feb 09, 2017. Agenda: To consider the unaudited financial results (reviewed) for the quarter and nine months ended December 31, 2016.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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