H E G standalone quarterly earnings plummet 76.42%
Source: IRIS | 05 Feb, 2015, 04.33PM
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Rating: NAN / 5 stars. |
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H E G said a substantial drop in standalone net profit for the quarter ended December 2014. During the quarter, the profit of the company declined 76.42% to Rs 104.50 million from Rs 443.10 million in the same quarter previous year. Net sales for the quarter declined 34.67% to Rs 2,797.40 million, compared with Rs 4,281.90 million for the prior year period. Earnings per share for the quarter stood at Rs 2.62, registering 76.38% decline over previous year period.
Quarterly Results - Standalone (Rs in mn) | As at | Dec - 14 | Dec - 13 | %Change | Net Sales | 2,797.40 | 4,281.90 | (34.67) | Net Profit | 104.50 | 443.10 | (76.42) | Basic EPS | 2.62 | 11.09 | (76.38) |
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