Excel Crop Care disclosed a decline in standalone net profit for the quarter ended June 2015. During the quarter, the profit of the company declined 4.88% to Rs 315.56 million from Rs 331.75 million in the same quarter last year.
Revenues for the quarter declined 12.40% to Rs 2,899.20 million, compared with Rs 3,309.72 million for the prior year period.
Operating margin for the quarter stood at 15.69 percent as compared to 13.48 percent for the previous year period. Operating Income for the quarter was Rs 454.99 million, compared with Rs 446.154 million in the previous year period.
Earnings per share for the quarter stood at Rs 28.67, registering 4.88% decline over previous year period.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Jun - 15 | Jun - 14 | %Change |
| Revenues | 2,899.20 | 3,309.72 | (12.40) |
| Net Profit | 315.56 | 331.75 | (4.88) |
| Diluted EPS | 28.67 | 30.14 | (4.88) |
Shares of the company declined Rs 34.75, or 3.8%, to settle at Rs 880.00. The total volume of shares traded was 2,254 at the BSE (Wednesday).
