Makers Laboratories swung to a loss for the quarter ended March 2014. During the quarter, the company reported a loss of Rs 4.62 million compared with a profit of Rs 10.10 million in the same quarter previous year.
Net sales for the quarter rose marginally 1.26% to Rs 165.32 million, compared with Rs 163 million for the prior year period.
Earnings per share stood negative at Rs 0.94 compared with Rs 2.05 in same quarter last year.
Quarterly Results - Standalone (Rs in mn) |
As at | Mar - 14 | Mar - 13 | %Change |
Net Sales | 165.32 | 163.26 | 1.26 |
Net Profit | (4.62) | 10.10 | - |
Basic EPS | (0.94) | 2.05 | - |
Shares of the company declined Rs 1.85, or 9.74%, to trade at Rs 17.15. The total volume of shares traded was 3,577 at the BSE (2.17 p.m., Tuesday).