Netlink Solutions (India) swung to a profit for the quarter ended June 2014. During the quarter, the company reported a profit of Rs 15.39 million compared with a loss of Rs 4.21 million in the same quarter previous year.
Net sales for the quarter declined 51.41% to Rs 0.53 million, compared with Rs 1.10 million for the prior year period.
Earnings per share stood at Rs 0.52 compared with negative Rs 0.14 in the same quarter last year.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Jun - 14 | Jun - 13 | %Change |
| Net Sales | 0.53 | 1.10 | (51.41) |
| Net Profit | 15.39 | (4.21) | - |
| Basic EPS | 0.52 | (0.14) | - |
Shares of the company declined Rs 0.02, or 2%, to trade at Rs 0.98. The total volume of shares traded was 1,200 at the BSE (11.47 a.m., Wednesday).
