T I L announced a drop in standalone net profit for the quarter ended June 2014. During the quarter, the profit of the company declined 91.56% to Rs 9.60 million from Rs 113.70 million in the same quarter previous year.
Net sales for the quarter for the quarter rose 2.04 times to Rs 900.10 million, compared with Rs 440.20 million for the prior year period.
Earnings per share stood at Rs 0.96 compared with negative Rs 11.34 in the same quarter last year.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Jun - 14 | Jun - 13 | %Change |
| Net Sales | 900.10 | 440.20 | 104.48 |
| Net Profit | 9.60 | 113.70 | (91.56) |
| Basic EPS | 0.96 | (11.34) | - |
Shares of the company gained Rs 4.8, or 1.19%, to trade at Rs 408.50. The total volume of shares traded was 1,664 at the BSE (3.47 p.m., Monday).
