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India Earnings - Supreme Industries swings to loss in Dec`08 qtr

By Abhishek on 11:50 PM

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Supreme Industries  : A manufacturer of range of plastic products, swung to loss for the quarter ended December 2008. During the quarter, the company reported loss of Rs 14.95 million compared with a profit of Rs 130.72 million in the same quarter last year.

Net sales for the quarter rose 21.99% to Rs 3,514.23 million, while total income for the quarter rose 21.93% to Rs 3,562.24 million, when compared with the prior year period.

The company posted loss of Rs 0.57 a share during the quarter compared with earnings of Rs 4.73 a share in prior year period.



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