Tyche Industries standalone quarterly net plunges 78.14%
Source: IRIS | 06 Feb, 2015, 01.46PM
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| Rating: NAN / 5 stars. |
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Tyche Industries disclosed a drop in standalone net profit for the quarter ended December 2014. During the quarter, the profit of the company declined 78.14% to Rs 1.66 million from Rs 7.59 million in the same quarter previous year. Net sales for the quarter declined 36.20% to Rs 147.81 million, compared with Rs 231.67 million for the prior year period. Earnings per share for the quarter stood at Rs 0.16, registering 78.38% decline over previous year period.
| Quarterly Results - Standalone (Rs in mn) | | As at | Dec - 14 | Dec - 13 | %Change | | Net Sales | 147.81 | 231.67 | (36.20) | | Net Profit | 1.66 | 7.59 | (78.14) | | Basic EPS | 0.16 | 0.74 | (78.38) |
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