SHNI posted EPS Rs. 0.89 FY2016 comparing to last year Rs. 0.58.
However, auditor's identified that the company has not made provision for impairment amounting to Rs. 108.100 million against available for sale investment.
Had this provision been made , profit for the year and investments would have been lower by the same amount.
ANNUAL GENERAL MEETING WILL BE HELD ON 28/04/2017
BOOK CLOSURE FROM 21/04/2017
BOOK CLOSURE TO 29/04/2017
FINANCIAL RESULT FOR THE YEAR ENDED 31/12/2016
PROFIT/LOSS BEFORE TAXATION RS. IN MILLION 42.781
PROFIT/LOSS AFTER TAXATION RS. IN MILLION 40.135
EPS = 0.89