Universal Cables said its net loss for the quarter ended March 2014 has widened to Rs 100.60. It reported a net loss of Rs 41.50 million in the same quarter last year.
Net sales for the quarter declined 8.58% to Rs 1,697.90 million, compared with Rs 1,857.20 million for the prior year period.
Earnings per share stood negative at Rs 4.35 compared with negative Rs 1.79 in the same quarter last year.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Mar - 14 | Mar - 13 | %Change |
| Net Sales | 1,697.90 | 1,857.20 | (8.58) |
| Net Profit | (100.60) | (41.50) | - |
| Basic EPS | (4.35) | (1.79) | - |
Shares of the company gained Rs 1.35, or 4.96%, to settle at Rs 28.55. The total volume of shares traded was 100 at the BSE (Monday).
