Drop in sales volumes at home and abroad, plus one-off expenses; however, things back on track in June quarter, assures firm; positive expectation from analysts
The Board of Directors recommended a dividend of 800% (Rs 16 per share) for the year 2014-15
Operating revenue for the period under review stood at Rs 1,347.1 crore
Total income from operations fell to Rs 1,076.96 crore in the fourth quarter of 2014-15
The loss has been incurred despite a higher revenue of Rs 1,688 cr during the year under review
Company's net sales in the fourth quarter of 2014-15 increased marginally by 2.32% to Rs 1,484 cr
Net sales for the period, however, increased by 14% at Rs 1401 crore
Sales up 7% to Rs 779 crore in the fiscal 2014-15
The company had posted a loss of Rs 8.83 crore in the corresponding quarter last year
Standalone net sales for the quarter under review stood at Rs 4,623.7 crore, down 4%
Total income down 3.9% at Rs 4,739 crore
The Bengaluru-based property developer sells 700,000 sq ft space in Q4, FY15
Plans to raise Rs 1,800 cr via QIP, preferential issue
The revenue has also dipped 17% to Rs 8,168 cr for FY15 from Rs 9,790 cr in FY14
Higher realisation from its inventory stocks from the previous year helped the company keep its total expenses at a 13% higher-level
Consolidated net sales fall 21% to Rs 33,340 cr; announces dividend of Rs 8 per share