Aegis Logistics announced a sharp drop in standalone net profit for the quarter ended June 2014. During the quarter, the profit of the company declined 13.02% to Rs 50.10 million from Rs 57.60 million in the same quarter previous year.
Net sales for the quarter declined 13.46% to Rs 811.80 million, compared with Rs 938.10 million for the prior year period.
Earnings per share for the quarter stood at Rs 1.50, registering 12.79% decline over previous year period.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Jun - 14 | Jun - 13 | %Change |
| Net Sales | 811.80 | 938.10 | (13.46) |
| Net Profit | 50.10 | 57.60 | (13.02) |
| Basic EPS | 1.50 | 1.72 | (12.79) |
Shares of the company gained Rs 12.4, or 4.05%, to settle at Rs 318.75. The total volume of shares traded was 55,850 at the BSE (Friday).
