Jain Irrigation Systems turns to loss in Oct-Dec quarter
Source: IRIS | 10 Feb, 2015, 05.13PM
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Rating: NAN / 5 stars. |
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Jain Irrigation Systems swung to a loss for the quarter ended December 2014. During the quarter, the company reported a loss of Rs 396.80 million compared with a profit of Rs 258.80 million in the same quarter last year. Net sales for the quarter declined 6.01% to Rs 12,918.80 million, compared with Rs 13,745.50 million for the prior year period. Earnings per share stood negative at Rs 0.86 compared with Rs 0.57 in same quarter last year.
Quarterly Results - Standalone (Rs in mn) | As at | Dec - 14 | Dec - 13 | %Change | Net Sales | 12,918.80 | 13,745.50 | (6.01) | Net Profit | (396.80) | 258.80 | - | Basic EPS | (0.86) | 0.57 | - |
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