Nova Iron & Steel turns to loss in Oct-Dec quarter
Source: IRIS | 09 Feb, 2015, 05.31PM
|
|
|
|
Rating: NAN / 5 stars. |
Comments | Post Comment |
|
Nova Iron & Steel swung to a loss for the quarter ended December 2014. During the quarter, the company reported a loss of Rs 37.32 million compared with a profit of Rs 6.87 million in the same quarter last year. Net sales for the quarter declined 97.43% to Rs 1.94 million, compared with Rs 75.29 million for the prior year period. Earnings per share stood negative at Rs 1.03 compared with Rs 0.18 in same quarter last year.
Quarterly Results - Standalone (Rs in mn) | As at | Dec - 14 | Dec - 13 | %Change | Net Sales | 1.94 | 75.29 | (97.43) | Net Profit | (37.32) | 6.87 | - | Basic EPS | (1.03) | 0.18 | - |
|
|
|
|
|
|
|
|
|
|
|
|