I F B Agro Industries disclosed a steep drop in standalone net profit for the quarter ended June 2014. During the quarter, the profit of the company declined 34.46% to Rs 35.59 million from Rs 54.30 million in the same quarter previous year.
Net sales for the quarter rose 22.50% to Rs 1,313.99 million, compared with Rs 1,073 million for the prior year period.
Earnings per share for the quarter stood at Rs 3.80, registering 36.98% decline over previous year period.
Quarterly Results - Standalone (Rs in mn) |
As at | Jun - 14 | Jun - 13 | %Change |
Net Sales | 1,313.99 | 1,072.61 | 22.50 |
Net Profit | 35.59 | 54.31 | (34.46) |
Basic EPS | 3.80 | 6.03 | (36.98) |
Shares of the company declined Rs 11.7, or 4.99%, to settle at Rs 222.70. The total volume of shares traded was 9,264 at the BSE (Friday).