Rubfila International quarterly earnings drop 21.67%
Source: IRIS | 26 May, 2014, 05.34PM
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| Rating: NAN / 5 stars. |
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Rubfila International disclosed a steep drop in standalone net profit for the quarter ended March 2014. During the quarter, the profit of the company declined 21.67% to Rs 18.97 million from Rs 24.22 million in the same quarter previous year. Net sales for the quarter surged 43.76% to Rs 344.92 million, compared with Rs 240 million for the prior year period. Earnings per share for the quarter stood at Rs 0.44, registering 21.43% decline over previous year period.
| Quarterly Results - (Rs in mn) | | As at | Mar - 14 | Mar - 13 | %Change | | Net Sales | 344.92 | 239.94 | 43.76 | | Net Profit | 18.97 | 24.22 | (21.67) | | Basic EPS | 0.44 | 0.56 | (21.43) | Shares of the company declined Rs 0.75, or 2.95%, to settle at Rs 24.70. The total volume of shares traded was 60,700 at the BSE (Monday).
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