Stock Report

Piramyd Retail Ltd Q1 net loss at Rs.21.24 Crores



Posted On : 2007-07-23 04:52:47( TIMEZONE : IST )

Piramyd Retail Ltd Q1 net loss at Rs.21.24 Crores

Piramyd Retail Ltd has announced the UnAudited Financial Results for the quarter ended June 30, 2007.

The Company has posted a net loss of Rs.212.43 million for the quarter ended June 30, 2007 where as the same was at Rs.70.69 million for the quarter ended June 30, 2006. Total Income is Rs.399.78 million for the quarter ended June 30, 2007 where as the same was at Rs.295.56 million for the quarter ended June 30, 2006.

The company reported an Earnings Per Share (EPS) of Rs.-10.62 for Quarter ended June 30, 2007 compared to Rs.-3.53 reported during Quarter ended June 30, 2006.

During the quarter, the Company launched 4 supermarket at Ahmedabad, 2 supermarkets at Jaipur and 1 supermarket at Nagpur.

The stock closed the day at Rs.66.85, down by Rs.1.20 or 1.76%. The stock hit an intraday high of Rs.70 and low of Rs.66.60. The total traded quantity was 11271 compared to 2 week average of 46409.

Source : Equity Bulls

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