Atlanta disclosed a good increase in standalone net profit for the quarter ended September 2014. During the quarter, the profit of the company rose 22.23% to Rs 87.49 million from Rs 71.58 million in the same quarter previous year.
Net sales for the quarter surged 41.46% to Rs 625.16 million, compared with Rs 442 million for the prior year period.
Earnings per share for the quarter stood at Rs 1.03, registering 24.10% growth over previous year period.
Rajhoo Bbarot, chairman and managing director, Atlanta, ''We at Atlanta have been successful to continue the momentum with a strong performance which is reflected through our performance in H1 FY14- 15. Punjab & Assam projects will get operational during the second half of FY 2015 while, adding to increased revenues and margins.''
| Quarterly Results - Standalone (Rs in mn) |
| As at | Sep - 14 | Sep - 13 | %Change |
| Net Sales | 625.17 | 441.93 | 41.46 |
| Net Profit | 87.49 | 71.58 | 22.23 |
| Basic EPS | 1.03 | 0.83 | 24.10 |
Shares of the company gained Rs 0.6, or 0.87%, to trade at Rs 69.40. The total volume of shares traded was 157,233 at the BSE (1.26 p.m., Monday).
