Hatsun Agro Product said a substantial drop in standalone net profit for the quarter ended September 2014. During the quarter, the profit of the company declined 66.78% to Rs 102.72 million from Rs 309.24 million in the same quarter last year.
Net sales for the quarter rose 21.83% to Rs 7,451.96 million, compared with Rs 6,117 million for the prior year period.
Earnings per share for the quarter stood at Rs 0.95, registering 66.90% decline over previous year period.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Sep - 14 | Sep - 13 | %Change |
| Net Sales | 7,451.96 | 6,116.93 | 21.83 |
| Net Profit | 102.72 | 309.24 | (66.78) |
| Basic EPS | 0.95 | 2.87 | (66.90) |
Shares of the company declined Rs 2.9, or 0.93%, to settle at Rs 309.50. The total volume of shares traded was 5,722 at the BSE (Friday).
