Alembic said a drop in standalone net profit for the quarter ended June 2014. During the quarter, the profit of the company declined 47.60% to Rs 31.70 million from Rs 60.50 million in the same quarter previous year.
Net sales for the quarter declined 13.23% to Rs 327.30 million, compared with Rs 377.20 million for the prior year period.
Earnings per share for the quarter stood at Rs 0.12, registering 73.33% decline over previous year period.
Quarterly Results - Standalone (Rs in mn) |
As at | Jun - 14 | Jun - 13 | %Change |
Net Sales | 327.30 | 377.20 | (13.23) |
Net Profit | 31.70 | 60.50 | (47.60) |
Basic EPS | 0.12 | 0.45 | (73.33) |
Shares of the company declined Rs 1.15, or 4.15%, to settle at Rs 26.55. The total volume of shares traded was 348,714 at the BSE (Wednesday).