EPIC Energy turns to loss in Jan-Mar quarter
Source: IRIS | 04 Jun, 2014, 01.32PM
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Rating: NAN / 5 stars. |
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EPIC Energy swung to a loss for the quarter ended March 2014. During the quarter, the company reported a loss of Rs 2.26 million compared with a profit of Rs 2.03 million in the same quarter last year. Net sales for the quarter declined 14.35% to Rs 110.38 million, compared with Rs 128.86 million for the prior year period. Earnings per share stood negative at Rs 0.34 compared with Rs 0.30 in same quarter last year.
Quarterly Results - (Rs in mn) | As at | Mar - 14 | Mar - 13 | %Change | Net Sales | 110.38 | 128.86 | (14.35) | Net Profit | (2.26) | 2.03 | - | Basic EPS | (0.34) | 0.30 | - | Shares of the company gained Rs 0.09, or 0.97%, to trade at Rs 9.40. The total volume of shares traded was 837 at the BSE (12.53 p.m., Wednesday).
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