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i power solutions india ltd (512405) Details

iPower Solutions India Limited provides e-business and Internet solutions worldwide. The company offers IT services, including mobile computing, Web designing and development, Web application development, e-commerce solutions, domain registration, and Web-hosting services. It also provides training on software and hardware, bio-informatics, and other IT related job opportunities based training courses; and operates vanavil.com, a social networking portal for youngsters. In addition, the company offers software services, including Web/e-business solutions, telecom and networking, application development, infrastructure services, animation and multimedia, and technology strategy development. Further, it provides data entry and content writing services. iPower Solutions India Limited was incorporated in 1985 and is headquartered in Chennai, India.

Founded in 1985

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i power solutions india ltd (512405) Key Developments

I Power Solutions India Ltd Announces Unaudited Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2015

I Power Solutions India Ltd. announced unaudited standalone earnings results for the third quarter and nine months ended December 31, 2015. For the quarter, the company reported total net income from operations of INR 0.614 million against INR 0.616 million for the same period of last year. Profit from operations before other income, finance costs and exceptional items was INR 0.051 million against INR 0.047 million for the same period of last year. Net profit for the period was INR 0.046 million or INR 0.01 per basic and diluted share against INR 0.037 million or INR 0.01 per basic and diluted share for the same period of last year. Net profit from ordinary activities before tax was INR 0.046 million compared to INR 0.037 million a year ago. For the nine months, the company reported total net income from operations of INR 2.146 million against INR 2.050 million for the same period of last year. Profit from operations before other income, finance costs and exceptional items was INR 0.221 million against INR 0.146 million for the same period of last year. Net profit for the period was INR 0.197 million or INR 0.04 per basic and diluted share against INR 0.122 million or INR 0.03 per basic and diluted share for the same period of last year. Net profit from ordinary activities before tax was INR 0.197 million compared to INR 0.122 million a year ago.

I Power Solutions India Ltd, Board Meeting, Feb 08, 2016

I Power Solutions India Ltd, Board Meeting, Feb 08, 2016. Agenda: To consider quarterly results.

I Power Solutions India Ltd Announces Unaudited Standalone Financial Results for the Second Quarter and Six Months Ended Sept. 30, 2015

I Power Solutions India Ltd. announced unaudited standalone financial results for the second quarter and six months ended Sept. 30, 2015. For the quarter, the company reported profit from operations before other income, finance costs & exceptional items of INR 0.12 million against INR 0.048 million for the same period of last year. Profit from ordinary activities before tax was INR 0.107 million against INR 0.043 million for the same period of last year. Net profit for the period was INR 0.107 million or INR 0.02 per basic and diluted share against INR 0.043 million or INR 0.00 per basic and diluted share for the same period of last year. Net sales/income from operations (net of excise duty) were INR 0.66 million against INR 0.663 million for the same period of last year. For the six months, the company reported profit from operations before other income, finance costs & exceptional items of INR 0.17 million against INR 0.098 million for the same period of last year. Profit from ordinary activities before tax was INR 0.152 million against INR 0.084 million for the same period of last year. Net profit for the period was INR 0.152 million or INR 0.03 per basic and diluted share against INR 0.084 million or INR 0.00 per basic and diluted share for the same period of last year. Net sales/income from operations (net of excise duty) were INR 1.53 million against INR 1.43 million for the same period of last year.

 

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