Raghava Estates and Properties announced a sharp rise in standalone net profit for the quarter ended June 2015. During the quarter, the profit of the company rose 91.75% to Rs 3.70 million from Rs 1.93 million in the same quarter last year.
Revenues for the quarter declined 36.17% to Rs 30.82 million, compared with Rs 48.29 million for the prior year period.
Operating margin for the quarter stood at 15.27 percent as compared to 6.45 percent for the previous year period. Operating Income for the quarter was Rs 4.71 million, compared with Rs 3.116 million in the previous year period.
Earnings per share for the quarter stood at Rs 1.22, registering 90.62% growth over previous year period.
Quarterly Results - Standalone (Rs in mn) |
As at | Jun - 15 | Jun - 14 | %Change |
Revenues | 30.82 | 48.29 | (36.17) |
Net Profit | 3.70 | 1.93 | 91.75 |
Diluted EPS | 1.22 | 0.64 | 90.62 |