Ramco Cements , The said a substantial drop in standalone net profit for the quarter ended December 2013. During the quarter, the profit of the company declined 69.39% to Rs 255.90 million from Rs 836.00 million in the same quarter previous year.
Net sales for the quarter declined marginally 3.70% to Rs 8,682.00 million, compared with Rs 9,016.00 million for the prior year period.
Earnings per share for the quarter stood at Rs 1.07, registering 69.52% decline over previous year period.
Quarterly Results - Standalone (Rs in mn) |
As at | Dec - 13 | Dec - 12 | %Change |
Net Sales | 8,682.00 | 9,016.00 | (3.70) |
Net Profit | 255.90 | 836.00 | (69.39) |
Basic EPS | 1.07 | 3.51 | (69.52) |
Shares of the company declined Rs 0.5, or 0.3%, to trade at Rs 165.00. The total volume of shares traded was 6,977 at the BSE (1.47 p.m., Wednesday).