Escorts swung to a profit for the quarter ended September 2015. During the quarter, the company reported a profit of Rs 161.82 million compared with a loss of Rs 78.56 million in the same quarter last year.
Revenues for the quarter declined 19.24% to Rs 8,016.64 million, compared with Rs 9,926.30 million for the prior year period.
Operating margin for the quarter stood at 3.68 percent as compared to 3.38 percent for the previous year period. Operating Income for the quarter was Rs 295.28 million, compared with Rs 335.158 million in the previous year period.
Earnings per share stood at Rs 1.36 compared with negative Rs 0.66 in the same quarter last year.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Sep - 15 | Sep - 14 | %Change |
| Revenues | 8,016.64 | 9,926.30 | (19.24) |
| Net Profit | 161.82 | (78.56) | - |
| Diluted EPS | 1.36 | (0.66) | - |
Shares of the company declined Rs 3.10, or 1.76%, to settle at Rs 172.95. The total volume of shares traded was 75,062 at the BSE (Monday).
