Aditya Forge disclosed a drop in standalone net profit for the quarter ended June 2014. During the quarter, the profit of the company declined 80.33% to Rs 0.12 million from Rs 0.61 million in the same quarter last year.
Net sales for the quarter declined 90.26% to Rs 1.79 million, compared with Rs 18.34 million for the prior year period.
Earnings per share for the quarter stood at Rs 0.03, registering 78.57% decline over previous year period.
Quarterly Results - Standalone (Rs in mn) |
As at | Jun - 14 | Jun - 13 | %Change |
Net Sales | 1.79 | 18.34 | (90.26) |
Net Profit | 0.12 | 0.61 | (80.33) |
Basic EPS | 0.03 | 0.14 | (78.57) |
Shares of the company declined Rs 0.34, or 5%, to settle at Rs 6.46. The total volume of shares traded was 160 at the BSE (Monday).