India Cements turns to loss in Oct-Dec quarter
Source: IRIS | 11 Feb, 2015, 08.01PM
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Rating: NAN / 5 stars. |
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India Cements swung to a loss for the quarter ended December 2014. During the quarter, the company reported a loss of Rs 116.80 million compared with a profit of Rs 4.20 million in the same quarter previous year. Net sales for the quarter rose marginally 0.25% to Rs 10,402.20 million, compared with Rs 10,376 million for the prior year period. Earnings per share stood negative at Rs 0.38 compared with Rs 0.01 in same quarter last year.
Quarterly Results - Standalone (Rs in mn) | As at | Dec - 14 | Dec - 13 | %Change | Net Sales | 10,402.20 | 10,376.40 | 0.25 | Net Profit | (116.80) | 4.20 | - | Basic EPS | (0.38) | 0.01 | - |
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