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Graphite India quarterly earnings plummet 40.6%
Source: IRIS | 11 Aug, 2015, 04.43PM
Rating: NAN / 5 stars.
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Graphite India  disclosed a  drop in standalone net profit for the quarter ended June 2015.  During the quarter, the profit of the company declined 40.60% to Rs 163.30 million from Rs 274.90 million  in the same quarter previous year.

Revenues for the quarter declined 12.88% to Rs 3,225.00 million, compared with Rs 3,701.70 million for the prior year period.

Operating margin for the quarter stood at 6.86 percent  as compared to 7.69 percent for the previous year period.  Operating Income for the quarter was Rs 221.10 million, compared with Rs 284.5 million in the previous year period.

Earnings per share for the quarter stood at Rs 0.84, registering 40.43% decline over previous year period.

Quarterly Results - Standalone (Rs in mn)
As atJun - 15Jun - 14%Change
Revenues3,225.003,701.70(12.88)
Net Profit163.30274.90(40.60)
Diluted EPS0.841.41(40.43)

Shares of the company declined Rs 0.05, or 0.06%, to settle  at  Rs 77.30.  The total volume of shares traded  was  32,423 at  the BSE (Tuesday).

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