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Binani Industries swings to profit in Oct-Dec quarter
Source: IRIS | 30 Jan, 2015, 03.43PM
Rating: NAN / 5 stars.
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Binani Industries swung to a profit for the quarter ended December 2014. During the quarter, the company reported a profit of Rs 118.10 million compared with a loss of Rs 411.20 million in the same quarter last year.

Net sales for the quarter declined 31.45% to Rs 213.40 million, compared with Rs 311.30 million for the prior year period.

Earnings per share stood at Rs 3.99 compared with negative Rs 13.89 in the same quarter last year.


Quarterly Results - Standalone (Rs in mn)
As at Dec - 14 Dec - 13 %Change
Net Sales 213.40 311.30 (31.45)
Net Profit 118.10 (411.20) -
Basic EPS 3.99 (13.89) -

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