Cords Cable Industries standalone quarterly earnings climb 13.95%
Source: IRIS | 09 Feb, 2015, 12.59PM
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| Rating: NAN / 5 stars. |
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Cords Cable Industries announced a steady growth in standalone net profit for the quarter ended December 2014. During the quarter, the profit of the company rose 13.95% to Rs 5.15 million from Rs 4.52 million in the same quarter last year. Net sales for the quarter rose 5.62% to Rs 620.88 million, compared with Rs 588 million for the prior year period. Earnings per share for the quarter stood at Rs 0.41, registering 17.14% growth over previous year period.
| Quarterly Results - Standalone (Rs in mn) | | As at | Dec - 14 | Dec - 13 | %Change | | Net Sales | 620.88 | 587.86 | 5.62 | | Net Profit | 5.15 | 4.52 | 13.95 | | Basic EPS | 0.41 | 0.35 | 17.14 |
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