Enkei Wheels (India) disclosed a sharp rise in standalone net profit for the quarter ended June 2014. During the quarter, the profit of the company rose 11.40 times to Rs 4.81 million from Rs 0.42 million in the same quarter last year.
Net sales for the quarter rose 5.95% to Rs 807.84 million, compared with Rs 762 million for the prior year period.
Earnings per share for the quarter stood at Rs 0.38, registering 12.67 times growth over previous year period.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Jun - 14 | Jun - 13 | %Change |
| Net Sales | 807.84 | 762.43 | 5.95 |
| Net Profit | 4.81 | 0.42 | 1040.05 |
| Basic EPS | 0.38 | 0.03 | 1166.67 |
Shares of the company declined Rs 0.25, or 0.35%, to trade at Rs 71.50. The total volume of shares traded was 1,754 at the BSE (3.32 p.m., Monday).
