Madhusudan Industries standalone quarterly profit plunges 92.6%
Source: IRIS | 05 Feb, 2015, 02.07PM
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Rating: NAN / 5 stars. |
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Madhusudan Industries disclosed a drop in standalone net profit for the quarter ended December 2014. During the quarter, the profit of the company declined 92.60% to Rs 0.12 million from Rs 1.66 million in the same quarter last year. Net sales for the quarter rose 11.06% to Rs 2.69 million, compared with Rs 2 million for the prior year period. Earnings per share for the quarter stood at Rs 0.02, registering 93.55% decline over previous year period.
Quarterly Results - Standalone (Rs in mn) | As at | Dec - 14 | Dec - 13 | %Change | Net Sales | 2.69 | 2.42 | 11.06 | Net Profit | 0.12 | 1.66 | (92.60) | Basic EPS | 0.02 | 0.31 | (93.55) |
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