Archies standalone quarterly earnings decline 32.68%
Source: IRIS | 13 Feb, 2015, 03.27PM
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Rating: NAN / 5 stars. |
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Archies said a steep drop in standalone net profit for the quarter ended December 2014. During the quarter, the profit of the company declined 32.68% to Rs 14.56 million from Rs 21.63 million in the same quarter last year. Net sales for the quarter declined marginally 1.85% to Rs 519.56 million, compared with Rs 529.36 million for the prior year period. Earnings per share for the quarter stood at Rs 0.19, registering 70.31% decline over previous year period.
Quarterly Results - Standalone (Rs in mn) | As at | Dec - 14 | Dec - 13 | %Change | Net Sales | 519.56 | 529.36 | (1.85) | Net Profit | 14.56 | 21.63 | (32.68) | Basic EPS | 0.19 | 0.64 | (70.31) |
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