H E G said its net loss for the quarter ended June 2016 has widened to Rs 290.60. It reported a net loss of Rs 71.40 million in the same quarter last year.
Revenues for the quarter declined 32.54% to Rs 1,631.60 million, compared with Rs 2,418.60 million for the prior year period.
Operating margin for the quarter stood at 0.19 percent as compared to 1.10 percent for the previous year period. Operating Income for the quarter was Rs 3.18 million, compared with Rs 26.64 million in the previous year period.
Earnings per share stood negative at Rs 7.27 compared with negative Rs 1.79 in the same quarter last year.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Jun - 16 | Jun - 15 | %Change |
| Revenues | 1,631.60 | 2,418.60 | (32.54) |
| Net Profit | (290.60) | (71.40) | - |
| Diluted EPS | (7.27) | (1.79) | - |
Shares of the company declined Rs 2.7, or 1.42%, to trade at Rs 187.55. The total volume of shares traded was 11,630 at the BSE (4.01 p.m., Tuesday).
