JM Financial consolidated quarterly profit surges 97.08%
Source: IRIS | 28 Jan, 2015, 04.00PM
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JM Financial said a sharp rise in consolidated net profit for the quarter ended December 2014. During the quarter, the profit of the company rose 97.08% to Rs 870.26 million from Rs 441.58 million in the same quarter last year. Net sales for the quarter surged 65.30% to Rs 3,658.48 million, compared with Rs 2,213 million for the prior year period. Earnings per share for the quarter stood at Rs 1.12, registering 96.49% growth over previous year period.
| Quarterly Results - consolidated (Rs in mn) | | As at | Dec - 14 | Dec - 13 | %Change | | Net Sales | 3,658.48 | 2,213.24 | 65.30 | | Net Profit | 870.26 | 441.58 | 97.08 | | Basic EPS | 1.12 | 0.57 | 96.49 |
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