Andhra Petrochemicals said its net loss for the quarter ended December 2015 has narrowed to Rs 33.51. During the quarter, the in the same quarter previous year.
Revenues for the quarter for the quarter rose 5.84 times to Rs 911.22 million, compared with Rs 156.10 million for the prior year period.
Operating margin for the quarter stood at negative 8.94 percent as compared to a negative 73.72 percent for the previous year period. Operating loss for the quarter was Rs 81.44 million, compared with an operating loss of Rs 115.08 million in the previous year period.
Earnings per share stood negative at Rs 0.39 compared with negative Rs 2.09 in the same quarter last year.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Dec - 15 | Dec - 14 | %Change |
| Revenues | 911.22 | 156.10 | 483.74 |
| Net Profit | (33.51) | (177.21) | - |
| Diluted EPS | (0.39) | (2.09) | - |
Shares of the company declined Rs 0.92, or 6.88%, to settle at Rs 12.45. The total volume of shares traded was 40,672 at the BSE (Thursday).
