TCI Developers quarterly net plunges 58.93%
Source: IRIS | 26 May, 2014, 11.09AM
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Rating: NAN / 5 stars. |
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TCI Developers said a drop in net profit for the quarter ended March 2014. During the quarter, the profit of the company declined 58.93% to Rs 1.00 million from Rs 2.44 million in the same quarter last year. Net sales for the quarter surged 40.96% to Rs 9.60 million, compared with Rs 7 million for the prior year period. Earnings per share for the quarter stood at Rs 0.26, registering 43.48% decline over previous year period.
Quarterly Results - (Rs in mn) | As at | Mar - 14 | Mar - 13 | %Change | Net Sales | 9.60 | 6.81 | 40.96 | Net Profit | 1.00 | 2.44 | (58.93) | Basic EPS | 0.26 | 0.46 | (43.48) |
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