SRS reports 15% rise in Q3 income

NEW DELHI: SRS Ltd, part of the Rs 4500-crore SRS Group, has announced its unaudited quarterly results for the quarter/nine months ended December 2013. The company has posted a jump of 15.93% in total income from operations (net), which grew to Rs 82473.11 lakh in the quarter ended 31st December 2013 compared to Rs 71,136.71 lakh in the quarter ended 31st December 2012.

The results for the quarter ended 31st December 2013 represent a jump of 37% over the previous quarter ended 30th September 2013, which reported the same at Rs 60,176.32 lakh (unaudited). No investor complaints were received in the quarter. For the nine months ended 31st December 2013, the company has reported a total income from operations (net) of Rs 241,197.92 lakh marking a jump of 37% over the Rs 176,108.89 lakh reported for the same period ended 31st December 2012.

Commenting on the company’s performance, Dr. Anil Jindal, Chairman, SRS Ltd, said, “I am happy to see the company’s topline show a healthy growth, and this reaffirms our business strategy and results. We have made significant expansions in early 2014 as well, and hence eagerly look forward to the next quarter’s performance.”