Lok Housing & Constructions swung to a loss for the quarter ended September 2014. During the quarter, the company reported a loss of Rs 4.52 million compared with a profit of Rs 4.10 million in the same quarter last year.
Net sales for the quarter declined 44.04% to Rs 46.73 million, compared with Rs 83.50 million for the prior year period.
Earnings per share stood negative at Rs 0.10 compared with Rs 0.09 in same quarter last year.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Sep - 14 | Sep - 13 | %Change |
| Net Sales | 46.73 | 83.50 | (44.04) |
| Net Profit | (4.52) | 4.10 | - |
| Basic EPS | (0.10) | 0.09 | - |
Shares of the company gained Rs 0.16, or 1.1%, to settle at Rs 14.73. The total volume of shares traded was 108,910 at the BSE (Friday).
