The March, 2010 quarter results of Kohinoor Broadcasting Corporation Ltd:

The consolidated results of Kohinoor Broadcasting Corporation Ltd are good if not excellent.Let me sum up the consolidated results for you below:

The total sales for Q4FY10: Rs.156.01 Cr (Rs.44.65 Cr)

Net Profit for Q4FY10: Rs.18.44 (Rs.15.9 Cr)

EPS for Q4FY10:  Rs.1.67 (Rs.1.44)

For FY10:.

The total sales: Rs.508.96 Cr

Net Profits: Rs.56.27 Cr (Rs.33.64 Cr)

EPS: Rs.5.11 (Rs.3.05).

So the consolidated results are excellent and needs to be looked at, considering the present downturn.

From the BSE data I find that there was a block deal of 46508 shares on 13th March, 2010. Moreover, on 5th March, 2010, there was also another block deal of 470018 shares on the expectation of better results, which happened ultimately.

The company has invested lot of money for the upcoming project and has got the license for 2 channels---but it is still strange why the shares of Kohinoor Broadcasting Corporation Ltd are trading below its book value.....

I think the long term holders of the shares of Kohinoor Broadcasting will be rewarded like Premier Explosives Ltd, Ennore Coke Ltd, Rolta Ltd, Sunil High Tech, Pratibha Industries Ltd, etc. I have added some before the results and will keep holding till late December, 2010 or early  January, 2011, with occasional buying and selling.

  I have taken some Northgate Technologies Ltd yesterday after the market rumour that the company got the license for the Securities Trading, which is expected to generate good amount of revenues for the shareholders.

Now with no more write off coming in the following quarters, we could expect a little better for the company in the Q4FY10. 

 Keep adding Hilton Metal and Forgings Ltd before the board meeting for the starting of the new business. The company should come up with good results in Q4FY10, due to improvement in the business environment.

Note: I am still out of station but is having access to internet, some time and hence is able to send you some information. It will take some more time to reach the destination because of heavy work schedule.