Shree Renuka Sugars swung to a loss for the quarter ended March 2014. During the quarter, the company reported a loss of Rs 88.30 million compared with a profit of Rs 13.30 million in the same quarter last year.
Net sales for the quarter declined marginally 2.69% to Rs 1,859.00 million, compared with Rs 1,910.40 million for the prior year period.
Earnings per share stood negative at Rs 1.32 compared with Rs 0.20 in same quarter last year.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Mar - 14 | Mar - 13 | %Change |
| Net Sales | 1,859.00 | 1,910.40 | (2.69) |
| Net Profit | (88.30) | 13.30 | - |
| Basic EPS | (1.32) | 0.20 | - |
Shares of the company declined Rs 0, or 0%, to settle at Rs 25.75. The total volume of shares traded was 5,402,370 at the BSE (Friday).
