Gateway Distriparks announced a sharp rise in standalone net profit for the quarter ended December 2014. During the quarter, the profit of the company rose 70.40% to Rs 543.46 million from Rs 318.93 million in the same quarter previous year.
Net sales for the quarter rose 10.27% to Rs 2,736.71 million, compared with Rs 2,482 million for the prior year period.
Earnings per share for the quarter stood at Rs 5.00, registering 70.65% growth over previous year period.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Dec - 14 | Dec - 13 | %Change |
| Net Sales | 2,736.71 | 2,481.78 | 10.27 |
| Net Profit | 543.46 | 318.93 | 70.40 |
| Basic EPS | 5.00 | 2.93 | 70.65 |
Shares of the company gained Rs 2.85, or 0.72%, to trade at Rs 400.00. The total volume of shares traded was 135,804 at the BSE (12.46 p.m., Thursday).
