Shakti Pumps (India) said a sharp drop in standalone net profit for the quarter ended March 2015. During the quarter, the profit of the company declined 18.29% to Rs 79.34 million from Rs 97.10 million in the same quarter previous year.
Total Income for the quarter rose marginally 1.22% to Rs 993.32 million, compared with Rs 981 million for the prior year period.
Earnings per share for the quarter stood at Rs 4.32, registering 25.39% decline over previous year period.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Mar - 15 | Mar - 14 | %Change |
| Net Sales | 993.32 | 981.39 | 1.22 |
| Net Profit | 79.34 | 97.10 | (18.29) |
| Basic EPS | 4.32 | 5.79 | (25.39) |
Shares of the company declined Rs 5.4, or 2.61%, to trade at Rs 201.20. The total volume of shares traded was 20,401 at the BSE (11.49 a.m., Friday).
