Madhav Marble & Granites standalone quarterly net soars 2.08 times
Source: IRIS | 09 Feb, 2015, 06.28PM
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| Rating: NAN / 5 stars. |
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Madhav Marble & Granites disclosed a sharp rise in standalone net profit for the quarter ended December 2014. During the quarter, the profit of the company rose 2.08 times to Rs 17.09 million from Rs 8.24 million in the same quarter previous year. Net sales for the quarter rose 16.39% to Rs 205.18 million, compared with Rs 176 million for the prior year period. Earnings per share for the quarter stood at Rs 1.91, registering 2.08 times growth over previous year period.
| Quarterly Results - Standalone (Rs in mn) | | As at | Dec - 14 | Dec - 13 | %Change | | Net Sales | 205.18 | 176.29 | 16.39 | | Net Profit | 17.10 | 8.24 | 107.56 | | Basic EPS | 1.91 | 0.92 | 107.61 |
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