IL&FS Transportation Networks disclosed a sharp drop in consolidated net profit for the quarter ended September 2014. During the quarter, the profit of the company declined 11.08% to Rs 989.40 million from Rs 1,112.70 million in the same quarter previous year.
Net sales for the quarter rose 12.01% to Rs 15,016.90 million, compared with Rs 13,407 million for the prior year period.
Earnings per share for the quarter stood at Rs 3.20, registering 40.19% decline over previous year period.
Quarterly Results - consolidated (Rs in mn) |
As at | Sep - 14 | Sep - 13 | %Change |
Net Sales | 15,016.90 | 13,407.10 | 12.01 |
Net Profit | 989.40 | 1,112.70 | (11.08) |
Basic EPS | 3.20 | 5.35 | (40.19) |
Shares of the company gained Rs 1.25, or 0.64%, to trade at Rs 196.45. The total volume of shares traded was 48,971 at the BSE (3.41 p.m., Tuesday).