Punjab Chemicals & Crop Protection standalone quarterly earnings plummet 48.58%
Source: IRIS | 11 Feb, 2015, 04.36PM
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Punjab Chemicals & Crop Protection disclosed a drop in standalone net profit for the quarter ended December 2014. During the quarter, the profit of the company declined 48.58% to Rs 32.60 million from Rs 63.40 million in the same quarter last year. Net sales for the quarter declined 9.44% to Rs 1,199.80 million, compared with Rs 1,324.90 million for the prior year period. Earnings per share for the quarter stood at Rs 2.66, registering 48.55% decline over previous year period.
| Quarterly Results - Standalone (Rs in mn) | | As at | Dec - 14 | Dec - 13 | %Change | | Net Sales | 1,199.80 | 1,324.90 | (9.44) | | Net Profit | 32.60 | 63.40 | (48.58) | | Basic EPS | 2.66 | 5.17 | (48.55) |
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