Prism Cement swung to a loss for the quarter ended June 2015. During the quarter, the company reported a loss of Rs 80.40 million compared with a profit of Rs 132.40 million in the same quarter last year.
Revenues for the quarter declined marginally 1.42% to Rs 13,687.50 million, compared with Rs 13,885.00 million for the prior year period.
Operating margin for the quarter stood at 3.47 percent as compared to 5.83 percent for the previous year period. Operating Income for the quarter was Rs 474.40 million, compared with Rs 809.8 million in the previous year period.
Earnings per share stood negative at Rs 0.16 compared with Rs 0.27 in same quarter last year.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Jun - 15 | Jun - 14 | %Change |
| Revenues | 13,687.50 | 13,885.00 | (1.42) |
| Net Profit | (80.40) | 132.40 | - |
| Diluted EPS | (0.16) | 0.27 | - |
Shares of the company declined Rs 5.45, or 5.02%, to settle at Rs 103.05. The total volume of shares traded was 155,300 at the BSE (Wednesday).
