Rane Engine Valve said its net loss for the quarter ended June 2014 has narrowed to Rs 1.10. During the quarter, the in the same quarter previous year.
Net sales for the quarter rose 15.31% to Rs 717.86 million, compared with Rs 623 million for the prior year period.
Earnings per share stood negative at Rs 0.21 compared with negative Rs 59.78 in the same quarter last year.
Quarterly Results - Standalone (Rs in mn) |
As at | Jun - 14 | Jun - 13 | %Change |
Net Sales | 717.86 | 622.55 | 15.31 |
Net Profit | (1.10) | (307.90) | - |
Basic EPS | (0.21) | (59.78) | - |
Shares of the company declined Rs 9, or 2.5%, to settle at Rs 351.00. The total volume of shares traded was 137 at the BSE (Thursday).