Linc Pen & Plastics standalone quarterly earnings rise 23.83%
Source: IRIS | 09 Feb, 2015, 06.36PM
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Rating: NAN / 5 stars. |
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Linc Pen & Plastics disclosed a good increase in standalone net profit for the quarter ended December 2014. During the quarter, the profit of the company rose 23.83% to Rs 31.39 million from Rs 25.35 million in the same quarter last year. Net sales for the quarter declined marginally 3.31% to Rs 690.48 million, compared with Rs 714.14 million for the prior year period. Earnings per share for the quarter stood at Rs 2.12, registering 23.98% growth over previous year period.
Quarterly Results - Standalone (Rs in mn) | As at | Dec - 14 | Dec - 13 | %Change | Net Sales | 690.48 | 714.14 | (3.31) | Net Profit | 31.39 | 25.35 | 23.83 | Basic EPS | 2.12 | 1.71 | 23.98 |
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