Binani Industries swings to profit in Oct-Dec quarter
Source: IRIS | 30 Jan, 2015, 03.43PM
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Rating: NAN / 5 stars. |
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Binani Industries swung to a profit for the quarter ended December 2014. During the quarter, the company reported a profit of Rs 118.10 million compared with a loss of Rs 411.20 million in the same quarter last year. Net sales for the quarter declined 31.45% to Rs 213.40 million, compared with Rs 311.30 million for the prior year period. Earnings per share stood at Rs 3.99 compared with negative Rs 13.89 in the same quarter last year.
Quarterly Results - Standalone (Rs in mn) | As at | Dec - 14 | Dec - 13 | %Change | Net Sales | 213.40 | 311.30 | (31.45) | Net Profit | 118.10 | (411.20) | - | Basic EPS | 3.99 | (13.89) | - |
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