Galaxy Entertainment Corporation swung to a loss for the quarter ended June 2015. During the quarter, the company reported a loss of Rs 1.01 million compared with a profit of Rs 2.04 million in the same quarter last year.
Revenues for the quarter for the quarter rose 2.69 times to Rs 164.43 million, compared with Rs 61.14 million for the prior year period.
Operating margin for the quarter stood at 1.76 percent as compared to 4.31 percent for the previous year period. Operating Income for the quarter was Rs 2.90 million, compared with Rs 2.637 million in the previous year period.
Earnings per share stood negative at Rs 0.06 compared with Rs 0.13 in same quarter last year.
Quarterly Results - Standalone (Rs in mn) |
As at | Jun - 15 | Jun - 14 | %Change |
Revenues | 164.43 | 61.14 | 168.94 |
Net Profit | (1.01) | 2.04 | - |
Diluted EPS | (0.06) | 0.13 | - |
Shares of the company declined Rs 0.35, or 1.27%, to trade at Rs 27.30. The total volume of shares traded was 650 at the BSE (2.54 p.m., Tuesday).