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Pressman Advertising’s Income from Operations increased by 30% to Rs.3,765.37 lakhs

17-February-2016
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Pressman Advertising’s Income from Operations increased by 30% to Rs.3,765.37 lakhs

Pressman Advertising’s Income from Operations increased by 30 per cent to Rs.3, 765.37 lakhs (Rs.2,896.35 lakhs) for the nine month period ended 31 December, 2015,

The Company’s Profit from Operations for the given period has increased by 56 per cent to Rs.514.27 lakhs (Rs.329.65 lakhs).

The Company’s Profit before Tax for the nine month period stood at Rs.554.38 lakhs (Rs.407.56 lakhs) while its Profit After Tax stood at Rs.370.67 lakhs (Rs.407.56 lakhs). The Earnings per Share (Face Value Rs.2) for the nine month period was Rs.1.58.

Pressman Advertising has strong fundamentals and its Reserves (excluding revaluation reserves) as at 31 March, 2015 stood at Rs.1850.21 lakhs on an equity share capital of Rs.469.66 lakhs last year. The Company continues to be debt free.

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Prior to joining Madison PR in 2012 Chaudhary was Group President Corporate Communications at Reliance Industries Limited.