RESULTS IN BRIEF EOD 12/5/2012

--ACTION CONSTRUCTION EQUIPMENT Q4 FY12 RESULTS

• Net Sales from Operations are up 8% qoq but down marginally yoy.
• Bereft of Other Operating Income, the topline is not bad
• Profit before Interest and is optically much lower, both qoq as well as yoy but the picture has been sullied by the large Foreign Currency Transaction Loss in Q4.and the realtively smaller Other Income component in Q4.
• Much higher Interest Costs in Q4 as compared qoq as well as yoy
• Optically, the bottom line takes a hit both qoq as well as yoy but making provision for the Foreign Transaction Loss in Q4 as well as the higher Interest outgo, the picture doesn't seem that bad, definitely not good but not the pits either.
• Operating, Gross as well as Net Profit Margins have obviously taken a hit both qoq as well as yoy.

The Results disappoint on the Bottom Line as well as Margins but the Forex Loss as well as the Other Income component makes them look far worse than they actually are. Definitely not a write-off.


SEE THE DETAILED RESULTS RIGHT HERE


--DIVIS LAB Q4 FY2012 RESULTS

• Income from Operation up a whopping 70% qoq and 47% yoy
• Pure Profit from operations up 100% qoq and 51% yoy
• Net PAT up 75% qoq and 23% yoy
• OPMs and GPMs stable in the vicinity of 40% and NPMs in the proximity of 30%
• EXCELLENT NUMBERS and that too consistently quarter after quarter.

SEE THE DETAILED RESULTS HERE