Shilchar Technologies standalone quarterly earnings plunges 54.38%
Source: IRIS | 21 Jan, 2015, 03.33PM
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| Rating: NAN / 5 stars. |
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Shilchar Technologies disclosed a substantial drop in standalone net profit for the quarter ended December 2014. During the quarter, the profit of the company declined 54.38% to Rs 6.58 million from Rs 14.43 million in the same quarter last year. Net sales for the quarter declined 25.47% to Rs 199.09 million, compared with Rs 267.14 million for the prior year period. Earnings per share for the quarter stood at Rs 1.73, registering 54.35% decline over previous year period.
| Quarterly Results - Standalone (Rs in mn) | | As at | Dec - 14 | Dec - 13 | %Change | | Net Sales | 199.09 | 267.15 | (25.47) | | Net Profit | 6.59 | 14.43 | (54.38) | | Basic EPS | 1.73 | 3.79 | (54.35) |
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