Liberty Shoes said a sharp rise in standalone net profit for the quarter ended March 2014. During the quarter, the profit of the company rose 4.39 times to Rs 42.74 million from Rs 9.73 million in the same quarter last year.
Net sales for the quarter rose 34.52% to Rs 1,424.16 million, compared with Rs 1,059 million for the prior year period.
Earnings per share for the quarter stood at Rs 2.51, registering 4.40 times growth over previous year period.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Mar - 14 | Mar - 13 | %Change |
| Net Sales | 1,424.16 | 1,058.73 | 34.52 |
| Net Profit | 42.74 | 9.73 | 339.15 |
| Basic EPS | 2.51 | 0.57 | 340.35 |
Shares of the company gained Rs 3.5, or 2.18%, to trade at Rs 163.95. The total volume of shares traded was 48,275 at the BSE (3.52 p.m., Thursday).
