Vikas Wsp swung to a profit for the quarter ended March 2014. During the quarter, the company reported a profit of Rs 313.50 million compared with a loss of Rs 51.69 million in the same quarter previous year.
Net sales for the quarter declined 21.70% to Rs 2,767.91 million, compared with Rs 3,535.07 million for the prior year period.
Earnings per share stood at Rs 2.28 compared with negative Rs 0.38 in the same quarter last year.
Quarterly Results - Standalone (Rs in mn) |
As at | Mar - 14 | Mar - 13 | %Change |
Net Sales | 2,767.91 | 3,535.07 | (21.70) |
Net Profit | 313.50 | (51.69) | - |
Basic EPS | 2.28 | (0.38) | - |
Shares of the company declined Rs 0.7, or 3.67%, to trade at Rs 18.35. The total volume of shares traded was 282,099 at the BSE (2.10 p.m., Thursday).