Zicom Electronic Security Systems announced a marginal decline in standalone net profit for the quarter ended December 2015. During the quarter, the profit of the company declined 8.20% to Rs 28.98 million from Rs 31.57 million in the same quarter last year.
Revenues for the quarter rose 16.65% to Rs 1,131.77 million, compared with Rs 970 million for the prior year period.
Operating margin for the quarter stood at 5.59 percent as compared to 6.79 percent for the previous year period. Operating Income for the quarter was Rs 63.27 million, compared with Rs 65.904 million in the previous year period.
Earnings per share for the quarter stood at Rs 1.36, registering 24.02% decline over previous year period.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Dec - 15 | Dec - 14 | %Change |
| Revenues | 1,131.77 | 970.22 | 16.65 |
| Net Profit | 28.98 | 31.57 | (8.20) |
| Diluted EPS | 1.36 | 1.79 | (24.02) |
Shares of the company declined Rs 13.5, or 14.08%, to settle at Rs 82.35. The total volume of shares traded was 155,523 at the BSE (Monday).
