HeidelbergCement India announced a drop in standalone net profit for the quarter ended March 2015. During the quarter, the profit of the company declined 82.95% to Rs 81.60 million from Rs 478.50 million in the same quarter previous year.
Net sales for the quarter rose marginally 0.81% to Rs 4,062.60 million, compared with Rs 4,030 million for the prior year period.
Earnings per share for the quarter stood at Rs 0.36, registering an 82.94% decline over previous year period.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Mar - 15 | Mar - 14 | %Change |
| Net Sales | 4,062.60 | 4,029.90 | 0.81 |
| Net Profit | 81.60 | 478.50 | (82.95) |
| Basic EPS | 0.36 | 2.11 | (82.94) |
Shares of the company gained Rs 0.1, or 0.14%, to settle at Rs 70.55. The total volume of shares traded was 33,528 at the BSE (Monday).
