Sharp India Ltd Quarterly Net Loss at Rs.18.89 Million

Sharp India Ltd has announced the UnAudited Financial Results for the quarter ended June 30, 2007.

The Company has posted Net Loss of Rs.18.89 million for the quarter ended June 30, 2007 where as the same was at Rs.10.61 million for the quarter ended June 30, 2006. Total Income is Rs.243.68 million for the quarter ended June 30, 2007 where as the same was at Rs.273.98 million for the quarter ended June 30, 2006.

The company reported an Earnings Per Share (EPS) of Rs.-0.73 for Quarter ended June 30, 2007 compared to Rs.-0.41 reported during Quarter ended June 30, 2006.

The stock was trading at Rs.77.20, up by Rs.2.65 or 3.55%. The stock hit an intraday high of Rs.78.25 and low of Rs.73. The total traded quantity was 182139 compared to 2 week average of 146629.

Source : Equity Bulls

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