KSL Realty and Infrastructure disclosed a substantial drop in standalone net profit for the quarter ended December 2008. During the quarter, the profit of the company declined 91.47% to Rs 12.39 million from Rs 145.22 million in the same quarter previous year due to increase in raw material cost, higher provisioning of depreciation and higher interest outgoing.
Net sales for the quarter rose 28.15% to Rs 2,105.03 million, while total income for the quarter rose 28.06% to Rs 2,108.56 million, when compared with the prior year period. The company reported earnings of Rs 0.12 a share during the quarter, registering 91.72% decline over prior year period. *Quarterly Results - Standalone (Rs in mn)* *As at* *Dec - 08* *Dec - 07* *%Change* *Net Sales* 2,105.03 1,642.57 28.15 *Net Profit* 12.39 145.22 (91.47) *Basic EPS* 0.12 1.45 (91.72) During the quarter, the interest cost increased 2.25 times to Rs 157.99 million while depreciation cost rose 79.12% to Rs 192.36 million over previous year period. The company`s integrated textile project under TUF´s has been completed at a cost of Rs 6,039.70 million. Further, it has successfully started textile unit at Baddi, Himachal Pradesh --~--~---------~--~----~------------~-------~--~----~ 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 -~----------~----~----~----~------~----~------~--~---
