C M C said a small rise in consolidated net profit for the quarter ended June 2014. During the quarter, the profit of the company rose 9.98% to Rs 584.30 million from Rs 531.30 million in the same quarter last year.
Net sales for the quarter rose 21.93% to Rs 5,926.00 million, compared with Rs 4,860 million for the prior year period.
Earnings per share for the quarter stood at Rs 19.28, registering 9.98% growth over previous year period.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Jun - 14 | Jun - 13 | %Change |
| Net Sales | 5,926.00 | 4,860.00 | 21.93 |
| Net Profit | 584.30 | 531.30 | 9.98 |
| Basic EPS | 19.28 | 17.53 | 9.98 |
Shares of the company gained Rs 190.6, or 11.35%, to trade at Rs 1,870.00. The total volume of shares traded was 48,475 at the BSE (11.26 a.m., Thursday).
