Lumax Auto Technologies said a steady growth in net profit for the quarter ended March 2014. During the quarter, the profit of the company rose 15.60% to Rs 93.45 million from Rs 80.84 million in the same quarter last year.
Net sales for the quarter rose marginally 3.47% to Rs 1,964.78 million, compared with Rs 1,899 million for the prior year period.
Earnings per share for the quarter stood at Rs 6.86, registering 15.68% growth over previous year period.
Quarterly Results - (Rs in mn) |
As at | Mar - 14 | Mar - 13 | %Change |
Net Sales | 1,964.78 | 1,898.88 | 3.47 |
Net Profit | 93.46 | 80.84 | 15.60 |
Basic EPS | 6.86 | 5.93 | 15.68 |
Shares of the company gained Rs 11.5, or 8.88%, to settle at Rs 141.00. The total volume of shares traded was 18,577 at the BSE (Friday).