Rasoya Proteins said a steep drop in net profit for the quarter ended March 2014. During the quarter, the profit of the company declined 28.42% to Rs 175.53 million from Rs 245.24 million in the same quarter last year.
Net sales for the quarter rose 16.70% to Rs 4,224.23 million, compared with Rs 3,620 million for the prior year period.
Earnings per share for the quarter stood at Rs 0.10, registering 88.51% decline over previous year period.
Quarterly Results - (Rs in mn) |
As at | Mar - 14 | Mar - 13 | %Change |
Net Sales | 4,224.23 | 3,619.76 | 16.70 |
Net Profit | 175.53 | 245.24 | (28.42) |
Basic EPS | 0.10 | 0.87 | (88.51) |
Shares of the company declined Rs 0, or 0%, to trade at Rs 16.80. The total volume of shares traded was 65,058 at the BSE (11.16 a.m., Monday).