*Nagarjuna Construction Company* disclosed a marginal decline in standalone net profit for the quarter ended December 2008. During the quarter, the profit of the company declined 8.51% to Rs 362.67 million from Rs 396.40 million in the same quarter previous year.
Net sales for the quarter rose 31.70% to Rs 10,265.99 million, while total income for the quarter rose 31.62% to Rs 10,274.35 million, when compared with the prior year period. The company reported earnings of Rs 1.58 a share during the quarter, registering 9.20% decline over previous year period. *Quarterly Results - Standalone (Rs in mn)* *As at* *Dec - 08* *Dec - 07* *%Change* *Net Sales* 10,265.99 7,795.10 31.70 *Net Profit* 362.67 396.40 (8.51) *Basic EPS* 1.58 1.74 (9.20) During the quarter, the operating margin of the company fell by 230.92 basis points to 8.75% compared with the previous year period. Interest cost increased 42.37% to Rs 237.62 million while depreciation cost fell 2.97% to Rs 119.05 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 -~----------~----~----~----~------~----~------~--~---
