Deepak Spinners standalone quarterly profit declines 29.81%
Source: IRIS | 10 Feb, 2015, 03.38PM
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Rating: NAN / 5 stars. |
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Deepak Spinners announced a steep drop in standalone net profit for the quarter ended December 2014. During the quarter, the profit of the company declined 29.81% to Rs 29.90 million from Rs 42.60 million in the same quarter last year. Net sales for the quarter rose marginally 2.86% to Rs 1,050.50 million, compared with Rs 1,021 million for the prior year period. Earnings per share for the quarter stood at Rs 4.15, registering 30.02% decline over previous year period.
Quarterly Results - Standalone (Rs in mn) | As at | Dec - 14 | Dec - 13 | %Change | Net Sales | 1,050.50 | 1,021.30 | 2.86 | Net Profit | 29.90 | 42.60 | (29.81) | Basic EPS | 4.15 | 5.93 | (30.02) |
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