Hindustan Copper announced a substantial drop in standalone net profit for the quarter ended March 2015. During the quarter, the profit of the company declined 80.57% to Rs 266.00 million from Rs 1,368.80 million in the same quarter last year.
Revenues for the quarter declined 48.80% to Rs 2,565.30 million, compared with Rs 5,010.60 million for the prior year period.
Earnings per share for the quarter stood at Rs 0.29, registering 80.41% decline over previous year period.
Quarterly Results - Standalone (Rs in mn) |
As at | Mar - 15 | Mar - 14 | %Change |
Revenues | 2,565.30 | 5,010.60 | (48.80) |
Net Profit | 266.00 | 1,368.80 | (80.57) |
Diluted EPS | 0.29 | 1.48 | (80.41) |
Shares of the company gained Rs 0.2, or 0.32%, to settle at Rs 62.10. The total volume of shares traded was 59,983 at the BSE (Thursday).