N I I T swung to a loss for the quarter ended March 2015. During the quarter, the company reported a loss of Rs 1,085.80 million compared with a profit of Rs 253.00 million in the same quarter previous year.
Revenues for the quarter declined 36.66% to Rs 849.10 million, compared with Rs 1,340.60 million for the prior year period.
Earnings per share stood negative at Rs 6.56 compared with Rs 1.53 in same quarter last year.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Mar - 15 | Mar - 14 | %Change |
| Revenues | 849.10 | 1,340.60 | (36.66) |
| Net Profit | (1,085.80) | 253.00 | - |
| Diluted EPS | (6.56) | 1.53 | - |
Shares of the company declined Rs 2.1, or 5.21%, to trade at Rs 38.20. The total volume of shares traded was 728,380 at the BSE (2.55 p.m., Wednesday).
