Gruh Finance disclosed a steady growth in standalone net profit for the quarter ended June 2016. During the quarter, the profit of the company rose 19.62% to Rs 601.80 million from Rs 503.10 million in the same quarter previous year.
Revenues for the quarter rose 17.99% to Rs 3,501.20 million, compared with Rs 2,967 million for the prior year period.
Operating margin for the quarter stood at 2.58 percent as compared to 2.55 percent for the previous year period. Operating Income for the quarter was Rs 90.30 million, compared with Rs 75.63 million in the previous year period.
Earnings per share for the quarter stood at Rs 1.65, registering 19.57% growth over previous year period.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Jun - 16 | Jun - 15 | %Change |
| Revenues | 3,501.20 | 2,967.40 | 17.99 |
| Net Profit | 601.80 | 503.10 | 19.62 |
| Diluted EPS | 1.65 | 1.38 | 19.57 |
Shares of the company gained Rs 4.55, or 1.52%, to settle at Rs 303.00. The total volume of shares traded was 74,118 at the BSE (Monday).
