Modern India swings to loss in Oct-Dec quarter
Source: IRIS | 23 Jan, 2015, 07.11PM
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Modern India swung to a loss for the quarter ended December 2014. During the quarter, the company reported a loss of Rs 20.16 million compared with a profit of Rs 8.71 million in the same quarter previous year. Net sales for the quarter declined 47.98% to Rs 111.02 million, compared with Rs 213.41 million for the prior year period. Earnings per share stood negative at Rs 0.54 compared with Rs 0.23 in same quarter last year.
| Quarterly Results - Standalone (Rs in mn) | | As at | Dec - 14 | Dec - 13 | %Change | | Net Sales | 111.02 | 213.41 | (47.98) | | Net Profit | (20.17) | 8.71 | - | | Basic EPS | (0.54) | 0.23 | - |
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