N C L Industries announced a sharp drop in standalone net profit for the quarter ended December 2015. During the quarter, the profit of the company declined 10.55% to Rs 61.69 million from Rs 68.96 million in the same quarter last year.
Revenues for the quarter rose marginally 2.51% to Rs 1,401.59 million, compared with Rs 1,367 million for the prior year period.
Operating margin for the quarter stood at 12.01 percent as compared to 11.37 percent for the previous year period. Operating Income for the quarter was Rs 168.30 million, compared with Rs 155.418 million in the previous year period.
Earnings per share for the quarter stood at Rs 1.68, registering 14.72% decline over previous year period.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Dec - 15 | Dec - 14 | %Change |
| Revenues | 1,401.59 | 1,367.30 | 2.51 |
| Net Profit | 61.69 | 68.96 | (10.55) |
| Diluted EPS | 1.68 | 1.97 | (14.72) |
Shares of the company declined Rs 14.8, or 10.03%, to settle at Rs 132.70. The total volume of shares traded was 156,624 at the BSE (Friday).
