Crest Ventures consolidated quarterly earnings soar 26.55 times
Source: IRIS | 10 Nov, 2014, 04.28PM
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| Rating: NAN / 5 stars. |
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Crest Ventures announced a sharp rise in consolidated net profit for the quarter ended September 2014. During the quarter, the profit of the company rose 26.55 times to Rs 51.53 million from Rs 1.94 million in the same quarter last year. Net sales for the quarter rose marginally 2.49% to Rs 415.09 million, compared with Rs 405 million for the prior year period. Earnings per share for the quarter stood at Rs 2.97, registering 27.00 times growth over previous year period.
| Quarterly Results - consolidated (Rs in mn) | | As at | Sep - 14 | Sep - 13 | %Change | | Net Sales | 415.09 | 405.00 | 2.49 | | Net Profit | 51.53 | 1.94 | 2554.77 | | Basic EPS | 2.97 | 0.11 | 2600.00 | Shares of the company gained Rs 0.4, or 0.89%, to settle at Rs 45.50. The total volume of shares traded was 406 at the BSE (Monday).
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