Vimta Labs disclosed a sharp rise in standalone net profit for the quarter ended December 2015. During the quarter, the profit of the company rose 64.61% to Rs 8.86 million from Rs 5.38 million in the same quarter previous year.
Revenues for the quarter rose 17.88% to Rs 296.48 million, compared with Rs 252 million for the prior year period.
Operating margin for the quarter stood at 7.75 percent as compared to 3.58 percent for the previous year period. Operating Income for the quarter was Rs 22.97 million, compared with Rs 8.995 million in the previous year period.
Earnings per share for the quarter stood at Rs 0.40, registering 66.67% growth over previous year period.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Dec - 15 | Dec - 14 | %Change |
| Revenues | 296.48 | 251.52 | 17.88 |
| Net Profit | 8.86 | 5.38 | 64.61 |
| Diluted EPS | 0.40 | 0.24 | 66.67 |
Shares of the company declined Rs 2.1, or 2.42%, to settle at Rs 84.70. The total volume of shares traded was 20,921 at the BSE (Thursday).
