Prism Cement swung to a loss for the quarter ended September 2014. During the quarter, the company reported a loss of Rs 197.60 million compared with a profit of Rs 175.60 million in the same quarter previous year.
Net sales for the quarter rose 15.38% to Rs 13,377.70 million, compared with Rs 11,594 million for the prior year period.
Earnings per share stood negative at Rs 0.39 compared with Rs 0.36 in same quarter last year.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Sep - 14 | Sep - 13 | %Change |
| Net Sales | 13,377.70 | 11,594.40 | 15.38 |
| Net Profit | (197.60) | 175.60 | - |
| Basic EPS | (0.39) | 0.36 | - |
Shares of the company declined Rs 0.05, or 0.07%, to trade at Rs 75.70. The total volume of shares traded was 261,502 at the BSE (1.04 p.m., Friday).
