Nettlinx turns to loss in Jan-Mar quarter
Source: IRIS | 30 May, 2014, 12.26PM
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Rating: NAN / 5 stars. |
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Nettlinx swung to a loss for the quarter ended March 2014. During the quarter, the company reported a loss of Rs 7.82 million compared with a profit of Rs 5.35 million in the same quarter previous year. Net sales for the quarter rose 31.19% to Rs 29.90 million, compared with Rs 23 million for the prior year period. Earnings per share stood negative at Rs 0.68 compared with Rs 0.47 in same quarter last year.
Quarterly Results - (Rs in mn) | As at | Mar - 14 | Mar - 13 | %Change | Net Sales | 29.90 | 22.80 | 31.19 | Net Profit | (7.82) | 5.35 | - | Basic EPS | (0.68) | 0.47 | - | Shares of the company gained Rs 0.41, or 4.96%, to trade at Rs 8.67. The total volume of shares traded was 100 at the BSE (12.20 p.m., Friday).
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