Monday, March 3, 2008

Spice Communications Announces Q4 & FY 07 Results

Spice Communications Ltd has announced the following results for the quarter & year ended December 31, 2007:

The Unaudited results for the Quarter ended December 31, 2007:

The Company has posted a net profit after tax of Rs 3999.165 million for the quarter ended December 31, 2007 as compared to net loss after tax of Rs 138.870 million for the quarter ended December 31, 2006. Total Income has increased from Rs 2133.492 million for the quarter ended December 31, 2006 to Rs 7253.435 million for the quarter ended December 31, 2007.

The Audited results for the Year ended December 31, 2007:

The Company has posted a net profit after tax of Rs 3801.312 million for the year ended December 31, 2007 as compared to net loss after tax of Rs 245.202 million for the year ended December 31, 2006. Total Income has increased from Rs 8323.526 million for the year ended December 31, 2006 to Rs 14738.840 million for the year ended December 31, 2007.

The figures for the year ended December 31, 2006 are Unaudited.

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