Tata Elxsi announced a steady growth in consolidated net profit for the quarter ended September 2014. During the quarter, the profit of the company rose 18.60% to Rs 236.36 million from Rs 199.30 million in the same quarter last year.
Net sales for the quarter rose 8.38% to Rs 2,058.83 million, compared with Rs 1,900 million for the prior year period.
Earnings per share for the quarter stood at Rs 7.59, registering 18.59% growth over previous year period.
| Quarterly Results - consolidated (Rs in mn) |
| As at | Sep - 14 | Sep - 13 | %Change |
| Net Sales | 2,058.83 | 1,899.70 | 8.38 |
| Net Profit | 236.36 | 199.30 | 18.60 |
| Basic EPS | 7.59 | 6.40 | 18.59 |
Shares of the company gained Rs 29.8, or 4.83%, to trade at Rs 646.65. The total volume of shares traded was 256,802 at the BSE (1.47 p.m., Wednesday).
