Premier swung to a loss for the quarter ended June 2014. During the quarter, the company reported a loss of Rs 194.40 million compared with a profit of Rs 196.30 million in the same quarter last year.
Net sales for the quarter jumped 72.32% to Rs 574.00 million, compared with Rs 333 million for the prior year period.
Earnings per share stood negative at Rs 6.40 compared with Rs 6.46 in same quarter last year.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Jun - 14 | Jun - 13 | %Change |
| Net Sales | 574.00 | 333.10 | 72.32 |
| Net Profit | (194.40) | 196.30 | - |
| Basic EPS | (6.40) | 6.46 | - |
Shares of the company declined Rs 2.05, or 2.83%, to settle at Rs 70.45. The total volume of shares traded was 8,748 at the BSE (Monday).
