Safari Industries (India) announced a sharp rise in standalone net profit for the quarter ended June 2015. During the quarter, the profit of the company rose 2.01 times to Rs 45.30 million from Rs 22.55 million in the same quarter last year.
Revenues for the quarter rose 25.83% to Rs 803.82 million, compared with Rs 639 million for the prior year period.
Operating margin for the quarter stood at 9.60 percent as compared to 7.61 percent for the previous year period. Operating Income for the quarter was Rs 77.16 million, compared with Rs 48.582 million in the previous year period.
Earnings per share for the quarter stood at Rs 10.91, registering 44.69% growth over previous year period.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Jun - 15 | Jun - 14 | %Change |
| Revenues | 803.82 | 638.79 | 25.83 |
| Net Profit | 45.30 | 22.55 | 100.86 |
| Diluted EPS | 10.91 | 7.54 | 44.69 |
Shares of the company gained Rs 46.5, or 4.63%, to trade at Rs 1,050.00. The total volume of shares traded was 2,332 at the BSE (3.15 p.m., Wednesday).
