Renuka Sugars swings to profit in Jan-Mar quarter
Source: IRIS | 21 May, 2015, 05.37PM
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| Rating: NAN / 5 stars. |
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Shree Renuka Sugars swung to a profit for the quarter ended March 2015. During the quarter, the company reported a profit of Rs 43 million compared with a loss of Rs 883 million in the same quarter last year. Net sales for the quarter declined 9.44% to Rs 16,836 million, compared with Rs 18,590 million for the prior year period. Earnings per share stood at Rs 0.05 compared with negative Rs 1.32 in the same quarter last year.
| Quarterly Results - Standalone (Rs in mn) | | As at | Mar - 15 | Mar - 14 | %Change | | Net Sales | 16,836.00 | 18,590.00 | (9.44) | | Net Profit | 43.00 | (883.00) | - | | Basic EPS | 0.05 | (1.32) | - | Shares of the company gained Rs 0.06, or 0.53%, to settle at Rs 11.29. The total volume of shares traded was 820,430 at the BSE (Thursday).
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