Shetron swings to consolidated profit in Jul-Sep quarter
Source: IRIS | 31 Oct, 2014, 01.25PM
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| Rating: NAN / 5 stars. |
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Shetron swung to a consolidated profit for the quarter ended September 2014. During the quarter, the company reported a profit of Rs 2.60 million compared with a loss of Rs 2.70 million in the same quarter previous year. Net sales for the quarter rose 24.57% to Rs 424.30 million, compared with Rs 341 million for the prior year period. Earnings per share stood at Rs 0.29 compared with negative Rs 0.30 in the same quarter last year.
| Quarterly Results - consolidated (Rs in mn) | | As at | Sep - 14 | Sep - 13 | %Change | | Net Sales | 424.30 | 340.60 | 24.57 | | Net Profit | 2.60 | (2.70) | - | | Basic EPS | 0.29 | (0.30) | - | Shares of the company declined Rs 0.75, or 2.78%, to trade at Rs 26.25. The total volume of shares traded was 107,397 at the BSE (1.14 p.m., Friday).
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