B N R Udyog disclosed a drop in standalone net profit for the quarter ended June 2015. During the quarter, the profit of the company declined 84.80% to Rs 0.27 million from Rs 1.80 million in the same quarter previous year.
Revenues for the quarter declined 25.30% to Rs 4.11 million, compared with Rs 5.50 million for the prior year period.
Operating margin for the quarter stood at negative 0.17 percent as compared to a postive 26.26 percent for the previous year period. Operating loss for the quarter was Rs 0.01 million, compared with an operating income of Rs 1.45 million in the previous year period.
Earnings per share for the quarter stood at Rs 0.09, registering 85.00% decline over previous year period.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Jun - 15 | Jun - 14 | %Change |
| Revenues | 4.11 | 5.50 | (25.30) |
| Net Profit | 0.27 | 1.80 | (84.80) |
| Diluted EPS | 0.09 | 0.60 | (85.00) |
Shares of the company declined Rs 1.35, or 4.52%, to settle at Rs 28.50. The total volume of shares traded was 698 at the BSE (Tuesday).
