Graphite India standalone quarterly earnings plummet 51.61%
Source: IRIS | 13 Feb, 2015, 01.55PM
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Rating: NAN / 5 stars. |
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Graphite India said a substantial drop in standalone net profit for the quarter ended December 2014. During the quarter, the profit of the company declined 51.61% to Rs 204.00 million from Rs 421.60 million in the same quarter previous year. Net sales for the quarter declined 27.71% to Rs 3,140.80 million, compared with Rs 4,344.50 million for the prior year period. Earnings per share for the quarter stood at Rs 1.04, registering 51.85% decline over previous year period.
Quarterly Results - Standalone (Rs in mn) | As at | Dec - 14 | Dec - 13 | %Change | Net Sales | 3,140.80 | 4,344.50 | (27.71) | Net Profit | 204.00 | 421.60 | (51.61) | Basic EPS | 1.04 | 2.16 | (51.85) |
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