Aksh Optifibre announced a sharp rise in standalone net profit for the quarter ended June 2015. During the quarter, the profit of the company rose 84.45% to Rs 110.96 million from Rs 60.16 million in the same quarter last year.
Revenues for the quarter rose 26.72% to Rs 932.80 million, compared with Rs 736 million for the prior year period.
Operating margin for the quarter stood at 13.75 percent as compared to 7.91 percent for the previous year period. Operating Income for the quarter was Rs 128.22 million, compared with Rs 58.253 million in the previous year period.
Earnings per share for the quarter stood at Rs 0.68, registering 83.78% growth over previous year period.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Jun - 15 | Jun - 14 | %Change |
| Revenues | 932.80 | 736.14 | 26.72 |
| Net Profit | 110.96 | 60.16 | 84.45 |
| Diluted EPS | 0.68 | 0.37 | 83.78 |
Shares of the company declined Rs 0.9, or 4.65%, to settle at Rs 18.45. The total volume of shares traded was 588,921 at the BSE (Tuesday).
