Poddar Pigments disclosed a good increase in standalone net profit for the quarter ended December 2014. During the quarter, the profit of the company rose 28.24% to Rs 44.80 million from Rs 34.93 million in the same quarter last year.
Net sales for the quarter rose 9.66% to Rs 816.28 million, compared with Rs 744 million for the prior year period.
Earnings per share for the quarter stood at Rs 4.22, registering 28.27% growth over previous year period.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Dec - 14 | Dec - 13 | %Change |
| Net Sales | 816.28 | 744.40 | 9.66 |
| Net Profit | 44.80 | 34.93 | 28.24 |
| Basic EPS | 4.22 | 3.29 | 28.27 |
Shares of the company gained Rs 11.9, or 10.07%, to trade at Rs 130.10. The total volume of shares traded was 14,913 at the BSE (12.35 p.m., Thursday).
