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Torrent Cables loss widens in Jul-Sep quarter
Source: IRIS | 20 Oct, 2014, 01.55PM
Rating: NAN / 5 stars.
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Torrent Cables  said its net loss for the quarter ended September 2014 has widened to Rs 7.11.  It reported a net loss of Rs 3.07 million  in the same quarter previous year.

Net sales for the quarter  rose 8.13% to Rs 411.61 million, compared with Rs 381 million for the prior year period.

Earnings per share stood negative at Rs 0.83 compared with negative Rs 0.36 in the same quarter last year.

Quarterly Results - Standalone (Rs in mn)
As atSep - 14Sep - 13%Change
Net Sales411.61380.678.13
Net Profit(7.11)(3.07)-
Basic EPS(0.83)(0.36)-

Shares of the company gained Rs 3.65, or 3.16%, to trade at  Rs 119.00.  The total volume of shares traded  was  11,430 at the BSE (1.45 p.m., Monday).

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