Talbros Automotive Components disclosed a sharp rise in net profit for the quarter ended March 2014. During the quarter, the profit of the company rose 2.26 times to Rs 102.49 million from Rs 45.38 million in the same quarter previous year.
Net sales for the quarter rose 8.41% to Rs 938.73 million, compared with Rs 866 million for the prior year period.
Earnings per share for the quarter stood at Rs 8.30, registering 2.26 times growth over previous year period.
| Quarterly Results - (Rs in mn) |
| As at | Mar - 14 | Mar - 13 | %Change |
| Net Sales | 938.73 | 865.87 | 8.41 |
| Net Profit | 102.49 | 45.38 | 125.86 |
| Basic EPS | 8.30 | 3.68 | 125.54 |
Shares of the company gained Rs 3.3, or 5.89%, to trade at Rs 59.30. The total volume of shares traded was 6,953 at the BSE (10.45 a.m., Tuesday).
