Geometric Q3 Net Profit plummets

Geometric Ltd has announced the Audited results for the quarter ended December 31, 2007.

The Company has posted a net profit of Rs 14.86 million for the quarter ended December 31, 2007 as compared to Rs 82.99 million for the quarter ended December 31, 2006. Total Income has decreased from Rs 529.86 million for the quarter ended December 31, 2006 to Rs 487.52 million for the quarter ended December 31, 2007.

The Audited Consolidated results are as follows: The Group has posted a net profit after minority interest of Rs 67.99 million for the quarter ended December 31, 2007 as compared to Rs 105.41 million for the quarter ended December 31, 2006. Total Income has increased from Rs 1116.45 million for the quarter ended December 31, 2006 to Rs 1265.41 million for the quarter ended December 31, 2007.

The company has reported an Earnings Per Share (EPS) of Rs.0.24 for the Quarter ending December 31, 2007 compared to Rs.1.38 for Quarter ending December 31, 2006.

The stock closed the day at Rs.81.45, down by Rs.2 or 2.40%. The stock hit an intraday high of Rs.85.90 and low of Rs.79.90. The total traded quantity was 90150 compared to 2 week average of 124649.

Source : Equity Bulls

Keywords