Igarashi Motors India swung to loss for the quarter ended December 2008. During the quarter, the company reported loss of Rs 229.97 million compared with a profit of Rs 3.28 million in the same quarter last year.
Net sales declined 47.40% to Rs 354 million, while total income for the quarter fell 52.46% to Rs 353.57 million, when compared with the prior year period. During the quarter, the company reported loss of Rs 16.58 a share. *Quarterly Results - Standalone (Rs in mn)* *As at* *Dec - 08* *Dec - 07* *%Change* *Net Sales* 353.57 672.16 (47.40) *Net Profit* (229.97) 3.28 - *Basic EPS* (16.58) NA During the quarter, the operating margin of the company dropped to 49.80% compared with 0.45% in the previous year period. Interest cost increased 16.22% to Rs 35.18 million while depreciation cost fell 40.96% to Rs 16.91 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 -~----------~----~----~----~------~----~------~--~---
