Orient Refractories disclosed a marginal decline in standalone net profit for the quarter ended June 2015. During the quarter, the profit of the company declined 7.41% to Rs 119.55 million from Rs 129.12 million in the same quarter last year.
Revenues for the quarter rose marginally 1.70% to Rs 1,101.16 million, compared with Rs 1,083 million for the prior year period.
Operating margin for the quarter stood at 14.48 percent as compared to 16.77 percent for the previous year period. Operating Income for the quarter was Rs 159.47 million, compared with Rs 181.549 million in the previous year period.
Earnings per share for the quarter stood at Rs 1.00, registering 6.54% decline over previous year period.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Jun - 15 | Jun - 14 | %Change |
| Revenues | 1,101.16 | 1,082.79 | 1.70 |
| Net Profit | 119.55 | 129.12 | (7.41) |
| Diluted EPS | 1.00 | 1.07 | (6.54) |
Shares of the company declined Rs 0.3, or 0.33%, to trade at Rs 89.90. The total volume of shares traded was 6,555 at the BSE (3.28 p.m., Monday).
