Sona Koyo Steering Systems consolidated quarterly profit plunges 83.11%
Source: IRIS | 11 Feb, 2015, 03.58PM
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Rating: NAN / 5 stars. |
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Sona Koyo Steering Systems announced a drop in consolidated net profit for the quarter ended December 2014. During the quarter, the profit of the company declined 83.11% to Rs 71.20 million from Rs 421.66 million in the same quarter previous year. Net sales for the quarter declined 5.35% to Rs 3,724.89 million, compared with Rs 3,935.38 million for the prior year period. Earnings per share for the quarter stood at Rs 0.36, registering 83.02% decline over previous year period.
Quarterly Results - consolidated (Rs in mn) | As at | Dec - 14 | Dec - 13 | %Change | Net Sales | 3,724.89 | 3,935.38 | (5.35) | Net Profit | 71.20 | 421.66 | (83.11) | Basic EPS | 0.36 | 2.12 | (83.02) |
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