Sunflag Iron & Steel Company standalone quarterly profit soars 2.58 times
Source: IRIS | 06 Feb, 2015, 04.48PM
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Sunflag Iron & Steel Company announced a sharp rise in standalone net profit for the quarter ended December 2014. During the quarter, the profit of the company rose 2.58 times to Rs 134.90 million from Rs 52.20 million in the same quarter previous year. Net sales for the quarter rose 12.97% to Rs 4,631.40 million, compared with Rs 4,100 million for the prior year period. Earnings per share for the quarter stood at Rs 0.75, registering 2.34 times growth over previous year period.
| Quarterly Results - Standalone (Rs in mn) | | As at | Dec - 14 | Dec - 13 | %Change | | Net Sales | 4,631.40 | 4,099.80 | 12.97 | | Net Profit | 134.90 | 52.20 | 158.43 | | Basic EPS | 0.75 | 0.32 | 134.38 |
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