Maral Overseas swung to a loss for the quarter ended March 2014. During the quarter, the company reported a loss of Rs 17.70 million compared with a profit of Rs 82.60 million in the same quarter last year.
Net sales for the quarter rose 10.15% to Rs 1,558.00 million, compared with Rs 1,414 million for the prior year period.
Earnings per share stood negative at Rs 0.08 compared with Rs 1.21 in same quarter last year.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Mar - 14 | Mar - 13 | %Change |
| Net Sales | 1,558.00 | 1,414.40 | 10.15 |
| Net Profit | (17.70) | 82.60 | - |
| Basic EPS | (0.08) | 1.21 | - |
Shares of the company declined Rs 2.75, or 12.5%, to trade at Rs 19.25. The total volume of shares traded was 47,031 at the BSE (11.57 a.m., Wednesday).
