Maharashtra Polybutenes swung to a loss for the quarter ended September 2014. During the quarter, the company reported a loss of Rs 2.68 million compared with a profit of Rs 1.93 million in the same quarter previous year.
Net sales for the quarter declined 95.84% to Rs 2.75 million, compared with Rs 66.12 million for the prior year period.
Earnings per share stood negative at Rs 0.02 compared with Rs 0.01 in same quarter last year.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Sep - 14 | Sep - 13 | %Change |
| Net Sales | 2.75 | 66.13 | (95.84) |
| Net Profit | (2.68) | 1.93 | - |
| Basic EPS | (0.02) | 0.01 | - |
Shares of the company declined Rs 0.1, or 2.5%, to settle at Rs 3.90. The total volume of shares traded was 1,455 at the BSE (Thursday).
