T T K Prestige disclosed a substantial drop in standalone net profit for the quarter ended March 2015. During the quarter, the profit of the company declined 62.76% to Rs 97.60 million from Rs 262.10 million in the same quarter previous year.
Revenues for the quarter rose 5.02% to Rs 2,862.10 million, compared with Rs 2,725 million for the prior year period.
Earnings per share for the quarter stood at Rs 8.38, registering 62.77% decline over previous year period.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Mar - 15 | Mar - 14 | %Change |
| Revenues | 2,862.10 | 2,725.20 | 5.02 |
| Net Profit | 97.60 | 262.10 | (62.76) |
| Diluted EPS | 8.38 | 22.51 | (62.77) |
Shares of the company declined Rs 319.45, or 8.14%, to trade at Rs 3,604.45. The total volume of shares traded was 3,121 at the BSE (1.17 p.m., Wednesday).
