Bharat Gears turns to profit in Oct-Dec quarter
Source: IRIS | 28 Jan, 2015, 04.34PM
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Rating: NAN / 5 stars. |
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Bharat Gears swung to a profit for the quarter ended December 2014. During the quarter, the company reported a profit of Rs 4.70 million compared with a loss of Rs 12.50 million in the same quarter previous year. Net sales for the quarter declined 7.28% to Rs 1,009.70 million, compared with Rs 1,089.00 million for the prior year period. Earnings per share stood at Rs 0.60 compared with negative Rs 1.60 in the same quarter last year.
Quarterly Results - Standalone (Rs in mn) | As at | Dec - 14 | Dec - 13 | %Change | Net Sales | 1,009.70 | 1,089.00 | (7.28) | Net Profit | 4.70 | (12.50) | - | Basic EPS | 0.60 | (1.60) | - |
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