 Shree Ganesh Forgings swung to loss for the quarter ended September 2008. During the quarter, the company reported loss of Rs 38.19 million compared with a profit of Rs 23.33 million in the same quarter last year.
Net sales declined marginally 69.09% to Rs 76 million, while total income for the quarter fell 67.59% to Rs 79.65 million, when compared with the prior year period.
The company reported loss of Rs 3.05 a share during the quarter compared with earnings of Rs 1.87 a share in prior year period.
| Quarterly Results - Standalone (Rs in mn) |
| As at |
Sep - 08 |
Sep - 07 |
%Change |
| Net Sales |
75.94 |
245.71 |
(69.09) |
| Net Profit |
(38.19) |
23.33 |
- |
| Basic EPS |
(3.05) |
1.87 |
- |
Shares of the company declined Rs 0.1, or 1.09%, to end at Rs 9. The total volume of shares traded was 21,833 at the BSE (Friday).
Shree Ganesh Forgings Limited (Q,N,C,F)*
|
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