Tamilnadu Petroproducts disclosed a sharp rise in standalone net profit for the quarter ended June 2015. During the quarter, the profit of the company rose 15.12 times to Rs 49.90 million from Rs 3.30 million in the same quarter previous year.
Revenues for the quarter declined 18.40% to Rs 2,274.60 million, compared with Rs 2,787.40 million for the prior year period.
Operating margin for the quarter stood at 4.30 percent as compared to 1.01 percent for the previous year period. Operating Income for the quarter was Rs 97.80 million, compared with Rs 28.2 million in the previous year period.
Earnings per share for the quarter stood at Rs 0.55, registering 13.75 times growth over previous year period.
Quarterly Results - Standalone (Rs in mn) |
As at | Jun - 15 | Jun - 14 | %Change |
Revenues | 2,274.60 | 2,787.40 | (18.40) |
Net Profit | 49.90 | 3.30 | 1412.12 |
Diluted EPS | 0.55 | 0.04 | 1275.00 |
Shares of the company gained Rs 2.45, or 12.86%, to trade at Rs 21.50. The total volume of shares traded was 669,865 at the BSE (3.04 p.m., Tuesday).