*Carborundum Universal, *part of Murugappa group, announced a phenomenal drop in standalone net profit for the quarter ended December 2008.
During the quarter, the profit of the company declined 43.03% to Rs 274.80 million from Rs 482.40 million in the same quarter previous year. Net sales for the quarter rose 17.28% to Rs 1,631.10 million, while total income for the quarter rose 35.37% to Rs 1,921.90 million, when compared with the prior year period. The company posted earnings of Rs 2.94 a share during the quarter, registering 43.13% decline over previous year period. *Quarterly Results - Standalone (Rs in mn)* *As at* *Dec - 08* *Dec - 07* *%Change* *Net Sales* 1,631.10 1,390.80 17.28 *Net Profit* 274.80 482.40 (43.03) *Basic EPS* 2.94 5.17 (43.13) During the quarter, the operating margin of the company dropped to 15.36% compared with 55.08% in the 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 -~----------~----~----~----~------~----~------~--~---
