Bharat Bijlee swung to a loss for the quarter ended December 2014. During the quarter, the company reported a loss of Rs 40.90 million compared with a profit of Rs 7.00 million in the same quarter last year.
Net sales for the quarter rose 12.63% to Rs 1,694.90 million, compared with Rs 1,505 million for the prior year period.
Earnings per share stood negative at Rs 7.24 compared with Rs 1.24 in same quarter last year.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Dec - 14 | Dec - 13 | %Change |
| Net Sales | 1,694.90 | 1,504.90 | 12.63 |
| Net Profit | (40.90) | 7.00 | - |
| Basic EPS | (7.24) | 1.24 | - |
Shares of the company declined Rs 16.6, or 2.52%, to settle at Rs 641.65. The total volume of shares traded was 5,816 at the BSE (Wednesday).
