Delta Corp turns to loss in Apr-Jun quarter
Source: IRIS | 29 Jul, 2014, 12.39PM
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| Rating: NAN / 5 stars. |
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Delta Corp swung to a loss for the quarter ended June 2014. During the quarter, the company reported a consolidated loss of Rs 195.71 million compared with a profit of Rs 120.53 million in the same quarter last year. Net sales for the quarter declined 78.53% to Rs 557.11 million, compared with Rs 2,594.74 million for the prior year period. Earnings per share stood negative at Rs 0.86 compared with Rs 0.53 in same quarter last year.
| Quarterly Results - (Rs in mn) | | As at | Jun - 14 | Jun - 13 | %Change | | Net Sales | 557.11 | 2,594.74 | (78.53) | | Net Profit | (195.71) | 120.53 | - | | Basic EPS | (0.86) | 0.53 | - | Shares of the company declined Rs 1.5, or 1.62%, to trade at Rs 91.30. The total volume of shares traded was 427,132 at the BSE (3.54 p.m., Monday).
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