Thirumalai Chemicals disclosed a sharp rise in standalone net profit for the quarter ended September 2016. During the quarter, the profit of the company rose 2.09 times to Rs 178.90 million from Rs 85.40 million in the same quarter last year.
Revenues for the quarter rose 11.20% to Rs 2,172.10 million, compared with Rs 1,953 million for the prior year period.
Operating margin for the quarter stood at 134.57 percent as compared to 83.14 percent for the previous year period. Operating Income for the quarter was Rs 2,923.00 million, compared with Rs 1624 million in the previous year period.
Earnings per share for the quarter stood at Rs 17.47, registering 2.10 times growth over previous year period.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Sep - 16 | Sep - 15 | %Change |
| Revenues | 2,172.10 | 1,953.30 | 11.20 |
| Net Profit | 178.90 | 85.40 | 109.48 |
| Diluted EPS | 17.47 | 8.33 | 109.72 |
Shares of the company declined Rs 9.05, or 1.42%, to settle at Rs 628.35. The total volume of shares traded was 89,037 at the BSE (Wednesday).
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