Lok Housing & Constructions swung to a loss for the quarter ended March 2014. During the quarter, the company reported a loss of Rs 8.50 million compared with a profit of Rs 134.30 million in the same quarter last year.
Net sales for the quarter declined 26.75% to Rs 78.43 million, compared with Rs 107.08 million for the prior year period.
Earnings per share stood negative at Rs 0.18 compared with Rs 2.87 in same quarter last year.
Quarterly Results - Standalone (Rs in mn) |
As at | Mar - 14 | Mar - 13 | %Change |
Net Sales | 78.43 | 107.08 | (26.75) |
Net Profit | (8.50) | 134.30 | - |
Basic EPS | (0.18) | 2.87 | - |
Shares of the company gained Rs 0.12, or 0.77%, to trade at Rs 15.64. The total volume of shares traded was 146,007 at the BSE (3.51 p.m., Thursday).