Phaarmasia announced a drop in standalone net profit for the quarter ended March 2014. During the quarter, the profit of the company declined 93.97% to Rs 0.05 million from Rs 0.78 million in the same quarter last year.
Net sales for the quarter rose 17.48% to Rs 29.70 million, compared with Rs 25 million for the prior year period.
Earnings per share for the quarter stood at Rs 0.01, registering 93.96% decline over previous year period.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Mar - 14 | Mar - 13 | %Change |
| Net Sales | 29.70 | 25.28 | 17.48 |
| Net Profit | 0.05 | 0.78 | (93.97) |
| Basic EPS | 0.01 | 0.11 | (93.96) |
Shares of the company gained Rs 0.45, or 4.98%, to trade at Rs 9.49. The total volume of shares traded was 338 at the BSE (3.33 p.m., Thursday).
