Transport Corporation Of India announced a steady growth in standalone net profit for the quarter ended June 2014. During the quarter, the profit of the company rose 14.13% to Rs 159.90 million from Rs 140.10 million in the same quarter last year.
Net sales for the quarter rose 8.90% to Rs 5,202.00 million, compared with Rs 4,777 million for the prior year period.
Earnings per share for the quarter stood at Rs 2.18, registering 14.14% growth over previous year period.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Jun - 14 | Jun - 13 | %Change |
| Net Sales | 5,202.00 | 4,777.00 | 8.90 |
| Net Profit | 159.90 | 140.10 | 14.13 |
| Basic EPS | 2.18 | 1.91 | 14.14 |
Shares of the company declined Rs 4.85, or 2.29%, to settle at Rs 206.65. The total volume of shares traded was 22,477 at the BSE (Wednesday).
