Jay Bharat Maruti swung to a loss for the quarter ended March 2014. During the quarter, the company reported a loss of Rs 37.00 million compared with a profit of Rs 96.75 million in the same quarter last year.
Net sales for the quarter rose marginally 0.18% to Rs 3,296.39 million, compared with Rs 3,290 million for the prior year period.
Earnings per share stood negative at Rs 1.71 compared with Rs 4.47 in same quarter last year.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Mar - 14 | Mar - 13 | %Change |
| Net Sales | 3,296.39 | 3,290.31 | 0.18 |
| Net Profit | (37.00) | 96.75 | - |
| Basic EPS | (1.71) | 4.47 | - |
Shares of the company declined Rs 3.45, or 5.31%, to trade at Rs 61.50. The total volume of shares traded was 0 at the BSE (9.08 a.m., Thursday).
