TCI Developers consolidated quarterly earnings soar 4.89 times
Source: IRIS | 23 Jul, 2014, 02.11PM
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| Rating: NAN / 5 stars. |
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TCI Developers disclosed a sharp rise in consolidated net profit for the quarter ended June 2014. During the quarter, the profit of the company rose 4.89 times to Rs 3.74 million from Rs 0.77 million in the same quarter previous year. Net sales for the quarter for the quarter rose 2.92 times to Rs 19.90 million, compared with Rs 6.81 million for the prior year period. Earnings per share for the quarter stood at Rs 1.00, registering 25.00 times growth over previous year period.
| Quarterly Results - (Rs in mn) | | As at | Jun - 14 | Jun - 13 | %Change | | Net Sales | 19.90 | 6.81 | 192.32 | | Net Profit | 3.74 | 0.77 | 388.77 | | Basic EPS | 1.00 | 0.04 | 2400.00 | Shares of the company declined Rs 0.5, or 0.21%, to trade at Rs 235.00. The total volume of shares traded was 8 at the BSE (1.53 p.m., Wednesday).
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