Kirloskar Brothers swings to loss in Oct-Dec quarter
Source: IRIS | 30 Jan, 2015, 03.35PM
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Kirloskar Brothers swung to a loss for the quarter ended December 2014. During the quarter, the company reported a loss of Rs 71.25 million compared with a profit of Rs 197.02 million in the same quarter previous year. Net sales for the quarter declined 10.46% to Rs 3,928.50 million, compared with Rs 4,387.35 million for the prior year period. Earnings per share stood negative at Rs 0.90 compared with Rs 2.48 in same quarter last year.
| Quarterly Results - Standalone (Rs in mn) | | As at | Dec - 14 | Dec - 13 | %Change | | Net Sales | 3,928.50 | 4,387.35 | (10.46) | | Net Profit | (71.25) | 197.02 | - | | Basic EPS | (0.90) | 2.48 | - |
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