Educomp Solutions said its net loss for the quarter ended March 2014 has widened to Rs 1,897.61. It reported a net loss of Rs 1,595.45 million in the same quarter previous year.
Net sales for the quarter declined 73.93% to Rs 877.15 million, compared with Rs 3,364.11 million for the prior year period.
Earnings per share stood negative at Rs 13.74 compared with negative Rs 12.15 in the same quarter last year.
| Quarterly Results - (Rs in mn) |
| As at | Mar - 14 | Mar - 13 | %Change |
| Net Sales | 877.15 | 3,364.11 | (73.93) |
| Net Profit | (1,897.61) | (1,595.45) | - |
| Basic EPS | (13.74) | (12.15) | - |
Shares of the company declined Rs 1.6, or 4.98%, to trade at Rs 30.55. The total volume of shares traded was 29,041 at the BSE (10.54 a.m., Tuesday).
