Hikal announced a marginal decline in standalone net profit for the quarter ended December 2014. During the quarter, the profit of the company declined 8.85% to Rs 93.70 million from Rs 102.80 million in the same quarter last year.
Net sales for the quarter rose marginally 3.99% to Rs 2,250.50 million, compared with Rs 2,164 million for the prior year period.
Earnings per share for the quarter stood at Rs 5.70, registering 61.41% decline over previous year period.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Dec - 14 | Dec - 13 | %Change |
| Net Sales | 2,250.50 | 2,164.20 | 3.99 |
| Net Profit | 93.70 | 102.80 | (8.85) |
| Basic EPS | 5.70 | 14.77 | (61.41) |
Shares of the company gained Rs 29.05, or 3.78%, to settle at Rs 797.80. The total volume of shares traded was 5,493 at the BSE (Thursday).
