Jindal Hotels announced a drop in standalone net profit for the quarter ended June 2014. During the quarter, the profit of the company declined 76.15% to Rs 0.60 million from Rs 2.52 million in the same quarter last year.
Net sales for the quarter rose 5.06% to Rs 68.90 million, compared with Rs 66 million for the prior year period.
Earnings per share for the quarter stood at Rs 0.10, registering 76.19% decline over previous year period.
Quarterly Results - Standalone (Rs in mn) |
As at | Jun - 14 | Jun - 13 | %Change |
Net Sales | 68.90 | 65.58 | 5.06 |
Net Profit | 0.60 | 2.52 | (76.15) |
Basic EPS | 0.10 | 0.42 | (76.19) |
Shares of the company gained Rs 0.45, or 1.24%, to settle at Rs 36.85. The total volume of shares traded was 1,329 at the BSE (Tuesday).