Nirlon said a marginal rise in standalone net profit for the quarter ended March 2014. During the quarter, the profit of the company rose 2.98% to Rs 159.02 million from Rs 154.42 million in the same quarter previous year.
Net sales for the quarter rose 39.41% to Rs 618.65 million, compared with Rs 444 million for the prior year period.
Earnings per share for the quarter stood at Rs 1.93, registering 10.23% decline over previous year period.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Mar - 14 | Mar - 13 | %Change |
| Net Sales | 618.65 | 443.78 | 39.41 |
| Net Profit | 159.02 | 154.42 | 2.98 |
| Basic EPS | 1.93 | 2.15 | (10.23) |
Shares of the company gained Rs 2.05, or 2.21%, to settle at Rs 94.75. The total volume of shares traded was 117,262 at the BSE (Tuesday).
