Alphageo (India) swung to a profit for the quarter ended June 2016. During the quarter, the company reported a profit of Rs 78.70 million compared with a loss of Rs 30.50 million in the same quarter last year.
Revenues for the quarter for the quarter rose 11.15 times to Rs 522.19 million, compared with Rs 46.84 million for the prior year period.
Total expenses as a percent of revenues decreased to 191.39 percent from 308.18 percent in the same period last year. This has led to an improvement of 49957 basis points in operating margin to 291.39 percent.
Operating margin for the quarter stood at positive 208.18 percent as compared to a negative 208.18 percent for the previous year period. Operating Income for the quarter was Rs 1,521.61 million, compared with an operating loss of Rs 97.51 million in the previous year period.
Earnings per share stood at Rs 13.73 compared with negative Rs 5.41 in the same quarter last year.
| Quarterly Results - Consolidated (Rs in mn) |
| As at | Jun - 16 | Jun - 15 | %Change |
| Revenues | 522.19 | 46.84 | 1014.84 |
| Net Profit | 78.71 | (30.50) | - |
| Diluted EPS | 13.73 | (5.41) | - |
Shares of the company declined Rs 9.2, or 1.17%, to trade at Rs 775.90. The total volume of shares traded was 20,192 at the BSE (2.04 p.m., Tuesday).
