Tata Communications standalone quarterly earnings decline 14.5%
Source: IRIS | 12 Feb, 2015, 06.10PM
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Rating: NAN / 5 stars. |
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Tata Communications said a sharp drop in standalone net profit for the quarter ended December 2014. During the quarter, the profit of the company declined 14.50% to Rs 1,202.00 million from Rs 1,405.80 million in the same quarter last year. Net sales for the quarter declined 11.39% to Rs 10,652.60 million, compared with Rs 12,021.80 million for the prior year period. Earnings per share for the quarter stood at Rs 4.22, registering 14.40% decline over previous year period.
Quarterly Results - Standalone (Rs in mn) | As at | Dec - 14 | Dec - 13 | %Change | Net Sales | 10,652.60 | 12,021.80 | (11.39) | Net Profit | 1,202.00 | 1,405.80 | (14.50) | Basic EPS | 4.22 | 4.93 | (14.40) |
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