Automotive Axles standalone quarterly earnings surge 92.66%
Source: IRIS | 05 Feb, 2015, 05.12PM
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Rating: NAN / 5 stars. |
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Automotive Axles said a sharp rise in standalone net profit for the quarter ended December 2014. During the quarter, the profit of the company rose 92.66% to Rs 55.89 million from Rs 29.01 million in the same quarter previous year. Net sales for the quarter surged 53.91% to Rs 2,053.49 million, compared with Rs 1,334 million for the prior year period. Earnings per share for the quarter stood at Rs 3.70, registering 92.71% growth over previous year period.
Quarterly Results - Standalone (Rs in mn) | As at | Dec - 14 | Dec - 13 | %Change | Net Sales | 2,053.49 | 1,334.21 | 53.91 | Net Profit | 55.89 | 29.01 | 92.66 | Basic EPS | 3.70 | 1.92 | 92.71 |
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