RDB Realty and Infrastructure announced a substantial drop in net profit for the quarter ended March 2014. During the quarter, the profit of the company declined 41.79% to Rs 21.78 million from Rs 37.41 million in the same quarter last year.
Net sales for the quarter rose 10.99% to Rs 400.21 million, compared with Rs 361 million for the prior year period.
Earnings per share for the quarter stood at Rs 1.26, registering 41.67% decline over previous year period.
Quarterly Results - (Rs in mn) |
As at | Mar - 14 | Mar - 13 | %Change |
Net Sales | 400.21 | 360.57 | 10.99 |
Net Profit | 21.78 | 37.41 | (41.79) |
Basic EPS | 1.26 | 2.16 | (41.67) |
Shares of the company declined Rs 1.1, or 5.54%, to trade at Rs 18.74. The total volume of shares traded was 3,088 at the BSE (12.09 p.m., Thursday).