VIP Industries disclosed a sharp rise in standalone net profit for the quarter ended September 2015. During the quarter, the profit of the company rose 4.13 times to Rs 157.00 million from Rs 38.00 million in the same quarter last year.
Revenues for the quarter rose 34.99% to Rs 2,955.00 million, compared with Rs 2,189 million for the prior year period.
Operating margin for the quarter stood at 8.53 percent as compared to 5.07 percent for the previous year period. Operating Income for the quarter was Rs 252.00 million, compared with Rs 111 million in the previous year period.
Earnings per share for the quarter stood at Rs 1.10, registering 3.67 times growth over previous year period.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Sep - 15 | Sep - 14 | %Change |
| Revenues | 2,955.00 | 2,189.00 | 34.99 |
| Net Profit | 157.00 | 38.00 | 313.16 |
| Diluted EPS | 1.10 | 0.30 | 266.67 |
Shares of the company gained Rs 17.15, or 19.98%, to trade at Rs 103.00. The total volume of shares traded was 1,217,861 at the BSE (2.16 p.m., Friday).
