ICRA consolidated quarterly earnings plummet 81.73%
Source: IRIS | 12 Nov, 2014, 04.10PM
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| Rating: NAN / 5 stars. |
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ICRA disclosed a substantial drop in consolidated net profit for the quarter ended September 2014. During the quarter, the profit of the company declined 81.73% to Rs 28.45 million from Rs 155.72 million in the same quarter previous year. Net sales for the quarter rose 9.63% to Rs 767.72 million, compared with Rs 700 million for the prior year period. Earnings per share for the quarter stood at Rs 2.89, registering 81.44% decline over previous year period.
| Quarterly Results - consolidated (Rs in mn) | | As at | Sep - 14 | Sep - 13 | %Change | | Net Sales | 767.72 | 700.26 | 9.63 | | Net Profit | 28.46 | 155.72 | (81.73) | | Basic EPS | 2.89 | 15.57 | (81.44) | Shares of the company gained Rs 1.35, or 0.05%, to settle at Rs 2,742.80. The total volume of shares traded was 180 at the BSE (Wednesday).
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