Lyka Labs disclosed a sharp rise in standalone net profit for the quarter ended March 2014. During the quarter, the profit of the company rose 19.62 times to Rs 161.62 million from Rs 8.24 million in the same quarter last year.
Net sales for the quarter declined 17.41% to Rs 226.35 million, compared with Rs 274.07 million for the prior year period.
Earnings per share stood negative at Rs 8.51 compared with Rs 0.38 in same quarter last year.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Mar - 14 | Mar - 13 | %Change |
| Net Sales | 226.35 | 274.07 | (17.41) |
| Net Profit | 161.62 | 8.24 | 1862.32 |
| Basic EPS | (8.51) | 0.38 | - |
Shares of the company declined Rs 0, or 0%, to settle at Rs 12.95. The total volume of shares traded was 8,980 at the BSE (Monday).
