Oudh Sugar Mills said its net loss for the quarter ended June 2015 has widened to Rs 618.85. It reported a net loss of Rs 112.24 million in the same quarter last year.
Revenues for the quarter declined 32.19% to Rs 2,407.07 million, compared with Rs 3,549.58 million for the prior year period.
Operating margin for the quarter stood at negative 13.41 percent as compared to a postive 5.22 percent for the previous year period. Operating loss for the quarter was Rs 322.88 million, compared with an operating income of Rs 185.13 million in the previous year period.
Earnings per share stood negative at Rs 24.52 compared with negative Rs 4.81 in the same quarter last year.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Jun - 15 | Jun - 14 | %Change |
| Revenues | 2,407.07 | 3,549.58 | (32.19) |
| Net Profit | (618.85) | (112.24) | - |
| Diluted EPS | (24.52) | (4.81) | - |
Shares of the company gained Rs 2.05, or 9.86%, to trade at Rs 22.85. The total volume of shares traded was 24,434 at the BSE (3.23 p.m., Tuesday).
