D C W announced a drop in standalone net profit for the quarter ended March 2014. During the quarter, the profit of the company declined 48.18% to Rs 89.88 million from Rs 173.43 million in the same quarter last year.
Net sales for the quarter rose 31.76% to Rs 3,569.98 million, compared with Rs 2,710 million for the prior year period.
Earnings per share for the quarter stood at Rs 0.43, registering 48.19% decline over previous year period.
Quarterly Results - Standalone (Rs in mn) |
As at | Mar - 14 | Mar - 13 | %Change |
Net Sales | 3,569.98 | 2,709.50 | 31.76 |
Net Profit | 89.88 | 173.43 | (48.18) |
Basic EPS | 0.43 | 0.83 | (48.19) |
Shares of the company gained Rs 0.68, or 4.58%, to settle at Rs 15.53. The total volume of shares traded was 552,958 at the BSE (Monday).