G M M Pfaudler announced a sharp drop in standalone net profit for the quarter ended June 2015. During the quarter, the profit of the company declined 10.94% to Rs 28.98 million from Rs 32.54 million in the same quarter previous year.
Revenues for the quarter rose 16.20% to Rs 546.47 million, compared with Rs 470 million for the prior year period.
Operating margin for the quarter stood at 5.86 percent as compared to 8.37 percent for the previous year period. Operating Income for the quarter was Rs 32.05 million, compared with Rs 39.36 million in the previous year period.
Earnings per share for the quarter stood at Rs 1.98, registering 11.21% decline over previous year period.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Jun - 15 | Jun - 14 | %Change |
| Revenues | 546.47 | 470.28 | 16.20 |
| Net Profit | 28.98 | 32.54 | (10.94) |
| Diluted EPS | 1.98 | 2.23 | (11.21) |
Shares of the company gained Rs 5.1, or 1.73%, to settle at Rs 300.00. The total volume of shares traded was 13,088 at the BSE (Thursday).
