E C E Industries announced a sharp rise in standalone net profit for the quarter ended September 2014. During the quarter, the profit of the company rose 3.50 times to Rs 7.65 million from Rs 2.19 million in the same quarter previous year.
Net sales for the quarter rose 27.41% to Rs 444.07 million, compared with Rs 349 million for the prior year period.
Earnings per share for the quarter stood at Rs 0.99, registering 3.54 times growth over previous year period.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Sep - 14 | Sep - 13 | %Change |
| Net Sales | 444.07 | 348.53 | 27.41 |
| Net Profit | 7.65 | 2.19 | 249.57 |
| Basic EPS | 0.99 | 0.28 | 253.57 |
Shares of the company gained Rs 2.2, or 1.76%, to trade at Rs 127.00. The total volume of shares traded was 928 at the BSE (1.08 p.m., Friday).
