Kopran swungs to loss for Jun`07 qtr

Result Analysis: Kopran swungs to loss for Jun`07 qtr

Kopran swung to a loss for the quarter ended June 2007. During the quarter, the company experienced a loss of Rs 152.5 million as compared with a profit of Rs 0.20 million in the corresponding quarter of the previous year.

Net sales for the quarter declined 41.28% to Rs 178.10 million compared with the corresponding quarter, a year ago.

Operating margins, during the quarter fell to a negative 41.83%  compared with 4.15% in the same quarter last year. Net margins, on the other hand, fell to a negative of 84.21% during the quarter from 0.06%. Excluding extraordinary income, the net margin is estimated to be at a negative of 85.63%.

Loss per share for the quarter was Rs 4.58.

As at June 2007(3) June 2006(3) %Change
  Rs million Rs million  
Sales of Products/Services 178.10 303.30 (41.28)
Other Income 3.00 8.20 (63.41)
Total Income

181.10 311.50 (41.86) Total Expenses 252.60 290.70 (13.11) Stock Adjustments 0.00 0.00   OPBDIT (74.50) 12.60 - Operating Margin(%) (41.83) 4.15 0.00 bp* Interest 44.60 14.40 209.72 Depreciation 36.10 34.90 3.44 ExtraOrdinary Items 0.00 0.00   Prior Period Adjustments 0.00 0.00   Provision for Tax 0.30 0.10 200.00 After Tax Profit (152.50) 0.20 - Net Margin(%) (84.21) 0.06 0.00 bp* EPS in reported Period (Rs) (4.58) 0.01 -


 

* bp - basis points      

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