J Kumar Infraprojects announced a substantial rise in standalone net profit for the quarter ended June 2014. During the quarter, the profit of the company rose 43.02% to Rs 229.31 million from Rs 160.34 million in the same quarter previous year.
Net sales for the quarter jumped 49.75% to Rs 3,365.47 million, compared with Rs 2,247 million for the prior year period.
Earnings per share for the quarter stood at Rs 8.25, registering 42.98% growth over previous year period.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Jun - 14 | Jun - 13 | %Change |
| Net Sales | 3,365.48 | 2,247.41 | 49.75 |
| Net Profit | 229.31 | 160.34 | 43.02 |
| Basic EPS | 8.25 | 5.77 | 42.98 |
Shares of the company gained Rs 7.45, or 2.2%, to trade at Rs 346.00. The total volume of shares traded was 22,921 at the BSE (1.10 p.m., Tuesday).
