Kirloskar Pneumatic Company announced a steady growth in standalone net profit for the quarter ended March 2014. During the quarter, the profit of the company rose 18.78% to Rs 165.10 million from Rs 139.00 million in the same quarter last year.
Net sales for the quarter rose 10.48% to Rs 1,652.30 million, compared with Rs 1,496 million for the prior year period.
Earnings per share for the quarter stood at Rs 12.86, registering 18.74% growth over previous year period.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Mar - 14 | Mar - 13 | %Change |
| Net Sales | 1,652.30 | 1,495.60 | 10.48 |
| Net Profit | 165.10 | 139.00 | 18.78 |
| Basic EPS | 12.86 | 10.83 | 18.74 |
Shares of the company gained Rs 6.95, or 1.68%, to settle at Rs 420.10. The total volume of shares traded was 660 at the BSE (Wednesday).
