Arvind announced a substantial rise in standalone net profit for the quarter ended June 2014. During the quarter, the profit of the company rose 42.82% to Rs 1,133.30 million from Rs 793.50 million in the same quarter last year.
Net sales for the quarter rose 16.85% to Rs 12,775.30 million, compared with Rs 10,933 million for the prior year period.
Earnings per share for the quarter stood at Rs 4.39, registering 43.00% growth over previous year period.
Quarterly Results - Standalone (Rs in mn) |
As at | Jun - 14 | Jun - 13 | %Change |
Net Sales | 12,775.30 | 10,932.70 | 16.85 |
Net Profit | 1,133.30 | 793.50 | 42.82 |
Basic EPS | 4.39 | 3.07 | 43.00 |
Shares of the company gained Rs 9.95, or 4.71%, to trade at Rs 221.00. The total volume of shares traded was 293,461 at the BSE (2.15 p.m., Wednesday).