Balrampur Chini Mills quarterly earnings plummet 60%
Source: IRIS | 27 May, 2015, 02.58PM
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| Rating: NAN / 5 stars. |
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Balrampur Chini Mills announced a substantial drop in standalone net profit for the quarter ended March 2015. During the quarter, the profit of the company declined 60.07% to Rs 758.20 million from Rs 1,899 million in the same quarter previous year. Revenues for the quarter declined 5.95% to Rs 6,583.20 million, compared with Rs 6,999.80 million for the prior year period. Earnings per share for the quarter stood at Rs 3.09, registering 60.13% decline over previous year period.
| Quarterly Results - Standalone (Rs in mn) | | As at | Mar - 15 | Mar - 14 | %Change | | Revenues | 6,583.20 | 6,999.80 | (5.95) | | Net Profit | 758.20 | 1,899.00 | (60.07) | | Diluted EPS | 3.09 | 7.75 | (60.13) |
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