Starsource Multitrade (506365) Q4 98/99 earnings summary
Event summary combining transcript, slides, and related documents.
Q4 98/99 earnings summary
22 Oct, 2026Executive summary
FY ended 31 Mar 1999 closed with a net loss of Rs.4.488m; operations remained suspended under a lockout that began in Nov 1997.
Leasing or licensing part of the plant and machinery was under discussion with prospective chemical manufacturers.
Financial highlights
Net sales were Rs.1.553m and miscellaneous income was Rs.3.766m; total income was Rs.23.266m, including Rs.19.5m from shares held for trading.
Loss after tax was Rs.4.488m, versus Rs.8.293m in FY98; accumulated loss carried forward was Rs.9.730m.
Total assets and liabilities were Rs.97.629m; investments were Rs.47.304m, up from Rs.32.090m, and unsecured loans were Rs.31.215m.
Outlook and guidance
Prospective chemical manufacturers had been identified, with negotiations underway to lease or license part of the existing plant and machinery.
Latest events from Starsource Multitrade
- Tax write-back lifted net profit as factory operations restarted and Fine Chemicals trials advanced.506365
Q4 96/97 - A continuing factory lockout and Rs. 83,23,334 pre-tax loss defined the year.506365
Q4 97/98 - Lockout and a widening Rs.4.38m loss drove plans to explore disposal or leasing.506365
Q4 04/05 - Lockout halted operations; FY2002-03 net loss was Rs.863,221 as leasing talks continued.506365
Q4 02/03 - Manufacturing ceased after asset sales; diversification and material financial risks remain.506365
Q4 06/07 - Manufacturing stayed halted; FY08 PAT fell to Rs 0.08 lakh as diversification remained uncertain.506365
Q4 07/08 - Suspended manufacturing, falling income and auditor-flagged asset and loan risks defined FY10.506365
Q4 09/10 - A modest return to profit amid suspended operations, material audit concerns, and suspended share trading.506365
Q4 10/11 - Investment-sale income drove FY12 profit as manufacturing remained suspended.506365
Q4 11/12