Coromandel Engineering Company said its net loss for the quarter ended June 2014 has widened to Rs 55.06. It reported a net loss of Rs 49.44 million in the same quarter last year.
Net sales for the quarter declined 15.98% to Rs 361.57 million, compared with Rs 430.35 million for the prior year period.
Earnings per share stood negative at Rs 1.66 compared with negative Rs 2.64 in the same quarter last year.
Quarterly Results - Standalone (Rs in mn) |
As at | Jun - 14 | Jun - 13 | %Change |
Net Sales | 361.57 | 430.35 | (15.98) |
Net Profit | (55.06) | (49.44) | - |
Basic EPS | (1.66) | (2.64) | - |
Shares of the company declined Rs 0.5, or 0.84%, to settle at Rs 59.00. The total volume of shares traded was 8,072 at the BSE (Wednesday).