*Finolex Industries,* part of Finolex Group and manufacturer of rigid PVC pipes and fittings in India, swung to loss for the quarter ended December 2008. During the quarter, the company reported loss of Rs 609.22 million compared with a profit of Rs 215.72 million in the same quarter previous year.
Net sales declined marginally 3.41% to Rs 4,629 million, while total income for the quarter fell marginally 3.83% to Rs 4,659.99 million, when compared with the prior year period. The company posted loss of Rs 4.91 a share during the quarter compared with earnings of Rs 1.74 a share in prior year period. *Quarterly Results - Standalone (Rs in mn)* *As at* *Dec - 08* *Dec - 07* *%Change* *Net Sales* 4,628.81 4,792.15 (3.41) *Net Profit* (609.22) 215.72 - *Basic EPS* (4.91) 1.74 - During the quarter, interest cost increased 30.89% to Rs 91.20 million while depreciation cost rose 4.98% to Rs 150.98 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 -~----------~----~----~----~------~----~------~--~---
