Redington (India) said a steady growth in consolidated net profit for the quarter ended September 2014. During the quarter, the profit of the company rose 12.99% to Rs 859.50 million from Rs 760.70 million in the same quarter last year.
Net sales for the quarter rose 16.23% to Rs 77,577.80 million, compared with Rs 66,744 million for the prior year period.
Earnings per share for the quarter stood at Rs 2.15, registering 13.16% growth over previous year period.
| Quarterly Results - consolidated (Rs in mn) |
| As at | Sep - 14 | Sep - 13 | %Change |
| Net Sales | 77,577.80 | 66,744.20 | 16.23 |
| Net Profit | 859.50 | 760.70 | 12.99 |
| Basic EPS | 2.15 | 1.90 | 13.16 |
Shares of the company declined Rs 3.7, or 3.69%, to trade at Rs 96.55. The total volume of shares traded was 40,309 at the BSE (3.33 p.m., Wednesday).
