Lloyds Metals and Energy swung to a loss for the quarter ended March 2014. During the quarter, the company reported a loss of Rs 130.20 million compared with a profit of Rs 79.88 million in the same quarter previous year.
Net sales for the quarter for the quarter rose 7.56 times to Rs 18,352.96 million, compared with Rs 2,428.30 million for the prior year period.
Earnings per share stood negative at Rs 1.17 compared with Rs 0.72 in same quarter last year.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Mar - 14 | Mar - 13 | %Change |
| Net Sales | 18,352.96 | 2,428.30 | 655.79 |
| Net Profit | (130.20) | 79.88 | - |
| Basic EPS | (1.17) | 0.72 | - |
Shares of the company gained Rs 0.51, or 4.94%, to settle at Rs 10.84. The total volume of shares traded was 39,155 at the BSE (Monday).
