Deccan Chronicle zooms after reporting strong Q4 nos

Deccan Chronicle has zoomed 14% to Rs 3.59 after the company reported a net profit of Rs 14.82 crore for the Jan-Mar quarter

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SI Reporter Mumbai
Last Updated : Jun 06 2013 | 11:06 AM IST
Deccan Chronicle has zoomed 14% to Rs 3.59 after the company reported a net profit of Rs 14.82 crore for the Jan-Mar quarter compared with a loss of Rs 2.21 crore in the previous quarter (Sep-Dec 2012).

Net sales for the quarter declined 54.87% to Rs 1,075.00 million, compared with Rs 2,382.00 million for the prior year period.

Earnings per share for the quarter stood at Rs 0.71, registering 26.04% decline over previous year period.

In the intraday deal, the stock opened at Rs 3.30 and made a high of Rs 3.65. Around 3.25 lakhs shares were traded in BSE.
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First Published: Jun 06 2013 | 11:03 AM IST

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