PTC India said a sharp rise in standalone net profit for the quarter ended March 2014. During the quarter, the profit of the company rose 86.09% to Rs 689.10 million from Rs 370.30 million in the same quarter previous year.
Net sales for the quarter rose 29.56% to Rs 28,486.20 million, compared with Rs 21,987 million for the prior year period.
Earnings per share for the quarter stood at Rs 2.33, registering 86.40% growth over previous year period.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Mar - 14 | Mar - 13 | %Change |
| Net Sales | 28,486.20 | 21,987.40 | 29.56 |
| Net Profit | 689.10 | 370.30 | 86.09 |
| Basic EPS | 2.33 | 1.25 | 86.40 |
Shares of the company gained Rs 1.8, or 1.94%, to trade at Rs 94.65. The total volume of shares traded was 932,541 at the BSE (12.35 p.m., Monday).
