Hindustan Organic Chemicals said its net loss for the quarter ended June 2015 has narrowed to Rs 343.70. During the quarter, the in the same quarter previous year.
Revenues for the quarter for the quarter rose 2.54 times to Rs 622.20 million, compared with Rs 244.60 million for the prior year period.
Operating margin for the quarter stood at negative 34.23 percent as compared to a negative 132.71 percent for the previous year period. Operating loss for the quarter was Rs 213.00 million, compared with an operating loss of Rs 324.60 million in the previous year period.
Earnings per share stood negative at Rs 5.12 compared with negative Rs 6.11 in the same quarter last year.
Quarterly Results - Standalone (Rs in mn) |
As at | Jun - 15 | Jun - 14 | %Change |
Revenues | 622.20 | 244.60 | 154.37 |
Net Profit | (343.70) | (410.20) | - |
Diluted EPS | (5.12) | (6.11) | - |
Shares of the company declined Rs 0.75, or 4.5%, to trade at Rs 15.90. The total volume of shares traded was 32,356 at the BSE (3.30 p.m., Tuesday).