Jay Shree Tea & Industries swung to a loss for the quarter ended June 2014. During the quarter, the company reported a loss of Rs 55.40 million compared with a profit of Rs 170.20 million in the same quarter previous year.
Net sales for the quarter rose 5.37% to Rs 1,154.80 million, compared with Rs 1,096 million for the prior year period.
Earnings per share stood negative at Rs 1.92 compared with Rs 5.89 in same quarter last year.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Jun - 14 | Jun - 13 | %Change |
| Net Sales | 1,154.80 | 1,095.90 | 5.37 |
| Net Profit | (55.40) | 170.20 | - |
| Basic EPS | (1.92) | 5.89 | - |
Shares of the company declined Rs 1.85, or 2.01%, to trade at Rs 90.10. The total volume of shares traded was 32,060 at the BSE (1.01 p.m., Friday).
