B A G Films and Media quarterly net plunges 90.76%
Source: IRIS | 27 May, 2014, 10.48AM
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Rating: NAN / 5 stars. |
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B A G Films and Media disclosed a substantial drop in net profit for the quarter ended March 2014. During the quarter, the profit of the company declined 90.76% to Rs 6.73 million from Rs 72.85 million in the same quarter previous year. Net sales for the quarter rose 21.82% to Rs 399.16 million, compared with Rs 328 million for the prior year period. Earnings per share stood negative at Rs 0.61 compared with negative Rs 1.89 in the same quarter last year.
Quarterly Results - (Rs in mn) | As at | Mar - 14 | Mar - 13 | %Change | Net Sales | 399.16 | 327.68 | 21.82 | Net Profit | 6.73 | 72.85 | (90.76) | Basic EPS | (0.61) | (1.89) | - | Shares of the company declined Rs 0.39, or 9.31%, to trade at Rs 3.80. The total volume of shares traded was 94,802 at the BSE (10.44 a.m., Tuesday).
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