Prism Cement said its net loss for the quarter ended December 2015 has narrowed to Rs 122.20. During the quarter, the in the same quarter previous year.
Revenues for the quarter declined marginally 0.73% to Rs 13,278.00 million, compared with Rs 13,375.50 million for the prior year period.
Operating margin for the quarter stood at 2.71 percent as compared to 0.15 percent for the previous year period. Operating Income for the quarter was Rs 359.60 million, compared with Rs 20.1 million in the previous year period.
Earnings per share stood negative at Rs 0.24 compared with negative Rs 0.81 in the same quarter last year.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Dec - 15 | Dec - 14 | %Change |
| Revenues | 13,278.00 | 13,375.50 | (0.73) |
| Net Profit | (122.20) | (406.70) | - |
| Diluted EPS | (0.24) | (0.81) | - |
Shares of the company declined Rs 9.4, or 13.59%, to settle at Rs 59.75. The total volume of shares traded was 31,685 at the BSE (Thursday).
