*Spice Communications* swung to loss for the quarter ended December 2008 due to substantial rise in depreciation cost, decline in total income as well as increase in expenditure to Rs 7,846.79 million.
During the quarter, the company reported loss of Rs 7,405.52 million compared with a profit of Rs 3,999.17 million in the same quarter previous year. Net sales for the quarter rose 28.91% to Rs 3,294.48 million, while total income for the quarter fell 53.18% to Rs 3,395.73 million, when compared with the prior year period. The company posted loss of Rs 10.73 a share during the quarter compared with earnings of Rs 6.49 a share in prior year period. *Quarterly Results - Standalone (Rs in mn)* *As at* *Dec - 08* *Dec - 07* *%Change* *Net Sales* 3,294.48 2,555.71 28.91 *Net Profit* (7,405.52) 3,999.17 - *Basic EPS* (10.73) 6.49 - During the quarter, interest cost increased 51.49% to Rs 885.42 million while depreciation cost rose 3.12 times to Rs 2,067.30 million over previous year period. --~--~---------~--~----~------------~-------~--~----~ 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 -~----------~----~----~----~------~----~------~--~---
