Falcon Tyres reported a phenomenon drop in standalone net profit for the quarter ended December 2008. During the quarter, the profit of the company declined 55.35% to Rs 6.09 million from Rs 13.64 million in the same quarter last year.
Net sales for the quarter rose 34.69% to Rs 1,191.47 million, while total income for the quarter rose 33.47% to Rs 1,192.94 million, when compared with the prior year period. The company posted earnings of Rs 1.07 a share during the quarter, registering 55.42% decline over prior year period. *Quarterly Results - Standalone (Rs in mn)* *As at* *Dec - 08* *Dec - 07* *%Change* *Net Sales* 1,191.47 884.57 34.69 *Net Profit* 6.09 13.64 (55.35) *Basic EPS* 1.07 2.40 (55.42) --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Kences1" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/kences1?hl=en -~----------~----~----~----~------~----~------~--~---
