*Ispat Industries* loss for the quarter ended December 2008 has widened. During the quarter, the loss of the company increased to Rs 6,517.10 million compared with a loss of Rs 360 million in the same quarter last year.
Net sales declined 48.13% to Rs 11,236 million, while total income for the quarter fell 48.83% to Rs 11,235.50 million, when compared with the prior year period. The company reported loss of Rs 5.49 a share during the quarter compared with loss of Rs 0.46 a share in prior year period. *Quarterly Results - Standalone (Rs in mn)* *As at* *Dec - 08* *Dec - 07* *%Change* *Net Sales* 11,235.50 21,662.30 (48.13) *Net Profit* (6,517.10) (360.00) - *Basic EPS* (5.49) (0.46) - During the quarter, the operating margin of the company dropped to 62.99% compared with 15.21% in the previous year period. Interest cost decreased 62.19% to Rs 944.40 million while depreciation cost rose 7.21% to Rs 1,737.30 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 -~----------~----~----~----~------~----~------~--~---
