Networth Stock Broking disclosed a sharp rise in standalone net profit for the quarter ended June 2015. During the quarter, the profit of the company rose 63.44% to Rs 2.28 million from Rs 1.40 million in the same quarter last year.
Revenues for the quarter surged 90.93% to Rs 104.01 million, compared with Rs 54 million for the prior year period.
Operating margin for the quarter stood at 9.81 percent as compared to 8.35 percent for the previous year period. Operating Income for the quarter was Rs 10.21 million, compared with Rs 4.55 million in the previous year period.
Earnings per share for the quarter stood at Rs 0.08, registering 33.33% decline over previous year period.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Jun - 15 | Jun - 14 | %Change |
| Revenues | 104.01 | 54.47 | 90.93 |
| Net Profit | 2.28 | 1.40 | 63.44 |
| Diluted EPS | 0.08 | 0.12 | (33.33) |
Shares of the company gained Rs 1.35, or 4.33%, to settle at Rs 32.50. The total volume of shares traded was 1,229 at the BSE (Monday).
