Andrew Yule and Company disclosed a steep drop in standalone net profit for the quarter ended December 2015. During the quarter, the profit of the company declined 34.94% to Rs 62.84 million from Rs 96.60 million in the same quarter previous year.
Revenues for the quarter declined marginally 0.40% to Rs 1,016.07 million, compared with Rs 1,020.15 million for the prior year period.
Operating margin for the quarter stood at 8.69 percent as compared to 8.74 percent for the previous year period. Operating Income for the quarter was Rs 88.28 million, compared with Rs 89.165 million in the previous year period.
Earnings per share for the quarter stood at Rs 0.19, registering 34.48% decline over previous year period.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Dec - 15 | Dec - 14 | %Change |
| Revenues | 1,016.07 | 1,020.15 | (0.40) |
| Net Profit | 62.85 | 96.60 | (34.94) |
| Diluted EPS | 0.19 | 0.29 | (34.48) |
Shares of the company declined Rs 2, or 6.94%, to settle at Rs 26.80. The total volume of shares traded was 609,821 at the BSE (Thursday).
