Rasoi disclosed a sharp rise in standalone net profit for the quarter ended September 2016. During the quarter, the profit of the company rose 64.81% to Rs 16.10 million from Rs 9.77 million in the same quarter last year.
Revenues for the quarter surged 83.40% to Rs 55.59 million, compared with Rs 30 million for the prior year period.
Operating margin for the quarter stood at 351.29 percent as compared to 499.37 percent for the previous year period. Operating Income for the quarter was Rs 195.28 million, compared with Rs 151.36 million in the previous year period.
Earnings per share for the quarter stood at Rs 8.33, registering 64.62% growth over previous year period.
Quarterly Results - Standalone (Rs in mn) |
As at | Sep - 16 | Sep - 15 | %Change |
Revenues | 55.59 | 30.31 | 83.40 |
Net Profit | 16.10 | 9.77 | 64.81 |
Diluted EPS | 8.33 | 5.06 | 64.62 |
Shares of the company gained Rs 43, or 3.64%, to settle at Rs 1,225.00. The total volume of shares traded was 82 at the BSE (Tuesday).