Facor Steels said its net loss for the quarter ended June 2014 has widened to Rs 102.64. It reported a net loss of Rs 68.14 million in the same quarter previous year.
Net sales for the quarter for the quarter rose 10.53 times to Rs 209.53 million, compared with Rs 19.90 million for the prior year period.
Earnings per share stood negative at Rs 0.50 compared with negative Rs 0.33 in the same quarter last year.
Quarterly Results - Standalone (Rs in mn) |
As at | Jun - 14 | Jun - 13 | %Change |
Net Sales | 209.53 | 19.90 | 952.92 |
Net Profit | (102.64) | (68.14) | - |
Basic EPS | (0.50) | (0.33) | - |
Shares of the company gained Rs 0.03, or 4.17%, to settle at Rs 0.75. The total volume of shares traded was 13,912 at the BSE (Wednesday).