Vintage Coffee and Beverages (538920) Q4 14/15 earnings summary

Executive summary

• FY2014-15 revenue fell to ₹2.57m from ₹7.11m; profit after tax was ₹39,492 versus ₹1.86m, amid challenging economic conditions.

• Operations focused on trading; management described the year as modest and expected improved performance in the coming year.

Financial highlights

• Revenue from operations ₹2.57m vs ₹7.11m; profit before tax ₹57,074 vs ₹2.65m; profit after tax ₹39,492 vs ₹1.86m.

• Other income was ₹1,123 vs ₹0; other expenses increased to ₹1.21m from ₹355,555.

• Cash and cash equivalents closed at ₹1.12m, down from ₹4.28m; net cash used in operations was ₹257,678.

Outlook and guidance

• Management expected business to perform well in the forthcoming year and planned to diversify activities in future.

• The outlook cited anticipated economic reforms, investment inflows and improved industry sentiment, while noting outcomes depend on government policy and economic conditions.