Shreyans Industries disclosed a steep drop in standalone net profit for the quarter ended December 2015. During the quarter, the profit of the company declined 20.89% to Rs 4.88 million from Rs 6.17 million in the same quarter last year.
Revenues for the quarter rose 9.19% to Rs 923.42 million, compared with Rs 846 million for the prior year period.
Operating margin for the quarter stood at 2.22 percent as compared to 3.35 percent for the previous year period. Operating Income for the quarter was Rs 20.51 million, compared with Rs 28.322 million in the previous year period.
Earnings per share for the quarter stood at Rs 0.35, registering 22.22% decline over previous year period.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Dec - 15 | Dec - 14 | %Change |
| Revenues | 923.42 | 845.71 | 9.19 |
| Net Profit | 4.88 | 6.17 | (20.89) |
| Diluted EPS | 0.35 | 0.45 | (22.22) |
Shares of the company gained Rs 0.6, or 1.65%, to settle at Rs 37.00. The total volume of shares traded was 210 at the BSE (Thursday).
