Munjal Auto Industries said a steady growth in standalone net profit for the quarter ended March 2014. During the quarter, the profit of the company rose 14.87% to Rs 136.56 million from Rs 118.88 million in the same quarter previous year.
Net sales for the quarter rose 16.33% to Rs 2,194.84 million, compared with Rs 1,887 million for the prior year period.
Earnings per share for the quarter stood at Rs 2.73, registering 14.71% growth over previous year period.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Mar - 14 | Mar - 13 | %Change |
| Net Sales | 2,194.84 | 1,886.74 | 16.33 |
| Net Profit | 136.56 | 118.88 | 14.87 |
| Basic EPS | 2.73 | 2.38 | 14.71 |
Shares of the company gained Rs 3.5, or 6.27%, to settle at Rs 59.30. The total volume of shares traded was 52,567 at the BSE (Monday).
