Allied Digital net up 2.11 times in Sep`08 Qtr

Source: IRIS (27 October 2008)

Allied Digital net up 2.11 times in Sep`08 Qtr
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Allied Digital Services announced a phenomenal rise in standalone net profit for the quarter ended September 2008. During the quarter, the profit of the company rose 2.11 times to Rs 214.90 million from Rs 101.80 million in the same quarter last year.

Net sales for the quarter jumped 48.76% to Rs 1,053.40 million, while total income for the quarter jumped 48.73% to Rs 1,060.30 million, when compared with the prior year period.

During the quarter, the company reported earnings of Rs 12.37 a share.


Quarterly Results - Standalone (Rs in mn)
As at Sep - 08 Sep - 07 %Change
Net Sales 1,053.40 708.10 48.76
Net Profit 214.90 101.80 111.10
Basic EPS 12.37 7.46

                        65.81

Interest cost of the company increased 12.82% to Rs 4.40 million over the previous year period.

Shares of the company declined Rs 12.35, or 4.22%, to trade at Rs 280. The total volume of shares traded was 520 at the BSE (10.48 a.m., Monday).



* Q - Quote , N - News , C - Chart , F - Financials


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