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bala techno industries ltd (514199) Details

Bala Techno Industries Limited manufactures and sells narrow woven and knit fabrics used in apparel and lingerie industries in India. It offers woven and knitted elastic, and non-elastic narrow fabrics. Bala Techno Industries Limited also exports its jacquard tapes to garment exporters in Bangladesh. The company was formerly known as Bala Techno Synthetics Limited. Bala Techno Industries Limited was incorporated in 1990 and is based in Kolkata, India.

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bala techno industries ltd
Bala Techno Industries Limited Announces Unaudited Standalone Earnings Results for the Second Quarter and Six Months Ended September 30, 2015

Bala Techno Industries Limited announced unaudited standalone earnings results for the second quarter and six months ended September 30, 2015. For the quarter, the company's net sales/income from operations was INR 1,848.05 million compared with INR 4,050.67 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 5.273 million compared with INR 15.275 million a year ago. Loss from ordinary activities before tax was INR 57.30 million compared with INR 45.19 million a year ago. Net loss was INR 5.730 million or INR 0.82 per basic share compared with INR 4.519 million or INR 0.65 per basic share a year ago. For the six months, the company's net sales/income from operations was INR 2,248.46 million compared with INR 5,793.77 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 7.239 million compared with INR 18.643 million a year ago. Loss from ordinary activities before tax was INR 14.475 million compared with INR 2.948 million a year ago. Net loss was INR 14.475 million or INR 2.07 per basic share compared with INR 2.948 million or INR 0.42 per basic share a year ago.

Bala Techno Industries Limited Announces Audited Earnings Results for the Fourth Quarter and Year Ended March 31, 2015

Bala Techno Industries Limited announced audited earnings results for the fourth quarter and year ended March 31, 2015. For the quarter, the company's net sales/income from operations was INR 1,499.2 million compared with INR 984.3 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 10.1 million compared with INR 9.5 million a year ago. Loss from ordinary activities before tax was INR 2.1 million compared with INR 0.13 million a year ago. Net loss was INR 3.0 million or INR 0.43 per basic share compared with INR 0.87 million or INR 0.12 per basic share a year ago. For the year, the company's net sales/income from operations was INR 2,246.4 million compared with INR 1,565.2 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 42.6 million compared with INR 43.3 million a year ago. Loss from ordinary activities before tax was INR 1.97 million compared with profit of INR 0.23 million a year ago. Net loss was INR 2.9 million or INR 0.41 per basic share compared with INR 0.59 million or INR 0.08 per basic share a year ago.

Bala Techno Industries Ltd Approves Adoption of New Articles of Association

Bala Techno Industries Ltd. announced that the annual general meeting of the company held on December 29, 2015. At the meeting the shareholders approved adoption of new articles of association congaing regulations in conformity with the Companies Act, 2013.

 

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