M R F announced a sharp rise in standalone net profit for the quarter ended September 2014. During the quarter, the profit of the company rose 72.13% to Rs 3,169.00 million from Rs 1,841.00 million in the same quarter last year.
Net sales for the quarter rose 6.79% to Rs 33,611.00 million, compared with Rs 31,475 million for the prior year period.
Earnings per share for the quarter stood at Rs 747.24, registering 72.18% growth over previous year period.
Quarterly Results - Standalone (Rs in mn) |
As at | Sep - 14 | Sep - 13 | %Change |
Net Sales | 33,611.00 | 31,475.00 | 6.79 |
Net Profit | 3,169.00 | 1,841.00 | 72.13 |
Basic EPS | 747.24 | 434.00 | 72.18 |
Shares of the company gained Rs 1030.8, or 3.25%, to trade at Rs 32,729.20. The total volume of shares traded was 3,740 at the BSE (2.55 p.m., Wednesday).