L G Balakrishnan & Bros standalone quarterly profit declines 14.95%
Source: IRIS | 30 Jan, 2015, 01.36PM
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| Rating: NAN / 5 stars. |
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L G Balakrishnan & Bros disclosed a sharp drop in standalone net profit for the quarter ended December 2014. During the quarter, the profit of the company declined 14.95% to Rs 144.69 million from Rs 170.13 million in the same quarter last year. Net sales for the quarter rose marginally 3.75% to Rs 2,640.10 million, compared with Rs 2,545 million for the prior year period. Earnings per share for the quarter stood at Rs 9.22, registering 14.94% decline over previous year period.
| Quarterly Results - Standalone (Rs in mn) | | As at | Dec - 14 | Dec - 13 | %Change | | Net Sales | 2,640.10 | 2,544.74 | 3.75 | | Net Profit | 144.69 | 170.13 | (14.95) | | Basic EPS | 9.22 | 10.84 | (14.94) |
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