Camex disclosed a sharp rise in standalone net profit for the quarter ended December 2015. During the quarter, the profit of the company rose 2.70 times to Rs 3.44 million from Rs 1.27 million in the same quarter last year.
Revenues for the quarter declined 25.53% to Rs 199.34 million, compared with Rs 267.68 million for the prior year period.
Operating margin for the quarter stood at 3.84 percent as compared to 2.99 percent for the previous year period. Operating Income for the quarter was Rs 7.65 million, compared with Rs 8.007 million in the previous year period.
Earnings per share for the quarter stood at Rs 0.33, registering 2.75 times growth over previous year period.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Dec - 15 | Dec - 14 | %Change |
| Revenues | 199.35 | 267.68 | (25.53) |
| Net Profit | 3.44 | 1.27 | 170.34 |
| Diluted EPS | 0.33 | 0.12 | 175.00 |
Shares of the company gained Rs 0.3, or 0.89%, to settle at Rs 33.90. The total volume of shares traded was 13,972 at the BSE (Thursday).
