Stone India swings to loss in Oct-Dec quarter
Source: IRIS | 12 Feb, 2015, 06.31PM
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Stone India swung to a loss for the quarter ended December 2014. During the quarter, the company reported a loss of Rs 22.30 million compared with a profit of Rs 5.16 million in the same quarter last year. Net sales for the quarter declined 28.31% to Rs 188.33 million, compared with Rs 262.68 million for the prior year period. Earnings per share stood negative at Rs 2.73 compared with Rs 0.66 in same quarter last year.
| Quarterly Results - Standalone (Rs in mn) | | As at | Dec - 14 | Dec - 13 | %Change | | Net Sales | 188.33 | 262.68 | (28.31) | | Net Profit | (22.30) | 5.16 | - | | Basic EPS | (2.73) | 0.66 | - |
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