N I I T said its net loss for the quarter ended June 2014 has narrowed to Rs 59.00. During the quarter, the in the same quarter last year.
Net sales for the quarter declined 7.87% to Rs 1,168.60 million, compared with Rs 1,268.40 million for the prior year period.
Earnings per share stood negative at Rs 0.36 compared with negative Rs 0.52 in the same quarter last year.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Jun - 14 | Jun - 13 | %Change |
| Net Sales | 1,168.60 | 1,268.40 | (7.87) |
| Net Profit | (59.00) | (85.60) | - |
| Basic EPS | (0.36) | (0.52) | - |
Shares of the company declined Rs 1.6, or 3.31%, to trade at Rs 46.70. The total volume of shares traded was 102,253 at the BSE (2.04 p.m., Wednesday).
