Weizmann disclosed a substantial drop in standalone net profit for the quarter ended December 2015. During the quarter, the profit of the company declined 40.44% to Rs 6.50 million from Rs 10.91 million in the same quarter last year.
Revenues for the quarter rose 8.21% to Rs 156.76 million, compared with Rs 145 million for the prior year period.
Operating margin for the quarter stood at 3.74 percent as compared to 4.30 percent for the previous year period. Operating Income for the quarter was Rs 5.86 million, compared with Rs 6.232 million in the previous year period.
Earnings per share for the quarter stood at Rs 0.38, registering 39.68% decline over previous year period.
Quarterly Results - Standalone (Rs in mn) |
As at | Dec - 15 | Dec - 14 | %Change |
Revenues | 156.77 | 144.87 | 8.21 |
Net Profit | 6.50 | 10.91 | (40.44) |
Diluted EPS | 0.38 | 0.63 | (39.68) |
Shares of the company gained Rs 0.2, or 1.01%, to settle at Rs 20.00. The total volume of shares traded was 1,460 at the BSE (Tuesday).