G A I L (India) standalone quarterly net plummets 64.03%
Source: IRIS | 06 Feb, 2015, 04.08PM
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| Rating: NAN / 5 stars. |
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G A I L (India) announced a substantial drop in standalone net profit for the quarter ended December 2014. During the quarter, the profit of the company declined 64.03% to Rs 6,040.80 million from Rs 16,794.00 million in the same quarter last year. Net sales for the quarter declined 6.67% to Rs 149,694.10 million, compared with Rs 160,385.20 million for the prior year period. Earnings per share for the quarter stood at Rs 4.76, registering 64.05% decline over previous year period.
| Quarterly Results - Standalone (Rs in mn) | | As at | Dec - 14 | Dec - 13 | %Change | | Net Sales | 149,694.10 | 160,385.20 | (6.67) | | Net Profit | 6,040.80 | 16,794.00 | (64.03) | | Basic EPS | 4.76 | 13.24 | (64.05) |
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