Ingersoll-Rand (India) said a marginal decline in standalone net profit for the quarter ended June 2014. During the quarter, the profit of the company declined 5.02% to Rs 130.50 million from Rs 137.40 million in the same quarter previous year.
Net sales for the quarter rose 14.78% to Rs 1,471.80 million, compared with Rs 1,282 million for the prior year period.
Earnings per share for the quarter stood at Rs 4.13, registering 5.06% decline over previous year period.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Jun - 14 | Jun - 13 | %Change |
| Net Sales | 1,471.80 | 1,282.30 | 14.78 |
| Net Profit | 130.50 | 137.40 | (5.02) |
| Basic EPS | 4.13 | 4.35 | (5.06) |
Shares of the company declined Rs 18.4, or 2.96%, to settle at Rs 602.55. The total volume of shares traded was 7,319 at the BSE (Wednesday).
