Shree Cement standalone quarterly earnings fall 18.88%
Source: IRIS | 03 Feb, 2015, 01.36PM
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| Rating: NAN / 5 stars. |
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Shree Cement said a sharp drop in standalone net profit for the quarter ended December 2014. During the quarter, the profit of the company declined 18.88% to Rs 936.80 million from Rs 1,154.90 million in the same quarter last year. Net sales for the quarter rose 17.17% to Rs 15,445.00 million, compared with Rs 13,181 million for the prior year period. Earnings per share for the quarter stood at Rs 26.89, registering 18.88% decline over previous year period.
| Quarterly Results - Standalone (Rs in mn) | | As at | Dec - 14 | Dec - 13 | %Change | | Net Sales | 15,445.00 | 13,181.30 | 17.17 | | Net Profit | 936.80 | 1,154.90 | (18.88) | | Basic EPS | 26.89 | 33.15 | (18.88) |
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