K S B Pumps disclosed a substantial rise in standalone net profit for the quarter ended June 2014. During the quarter, the profit of the company rose 45.21% to Rs 224.50 million from Rs 154.60 million in the same quarter last year.
Net sales for the quarter rose marginally 2.12% to Rs 1,993.50 million, compared with Rs 1,952 million for the prior year period.
Earnings per share for the quarter stood at Rs 6.45, registering 45.27% growth over previous year period.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Jun - 14 | Jun - 13 | %Change |
| Net Sales | 1,993.50 | 1,952.20 | 2.12 |
| Net Profit | 224.50 | 154.60 | 45.21 |
| Basic EPS | 6.45 | 4.44 | 45.27 |
Shares of the company declined Rs 14.2, or 2.69%, to settle at Rs 514.00. The total volume of shares traded was 3,704 at the BSE (Thursday).
