Vinyl Chemicals India swung to a profit for the quarter ended June 2014. During the quarter, the company reported a profit of Rs 24.80 million compared with a loss of Rs 5.90 million in the same quarter last year.
Net sales for the quarter jumped 93.46% to Rs 1,201.80 million, compared with Rs 621 million for the prior year period.
Earnings per share stood at Rs 1.36 compared with negative Rs 0.32 in the same quarter last year.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Jun - 14 | Jun - 13 | %Change |
| Net Sales | 1,201.80 | 621.20 | 93.46 |
| Net Profit | 24.80 | (5.90) | - |
| Basic EPS | 1.36 | (0.32) | - |
Shares of the company gained Rs 1.8, or 6.41%, to trade at Rs 29.90. The total volume of shares traded was 40,057 at the BSE (1.27 p.m., Monday).
