Panasonic Carbon India Company disclosed a steady growth in standalone net profit for the quarter ended June 2014. During the quarter, the profit of the company rose 17.33% to Rs 19.18 million from Rs 16.35 million in the same quarter previous year.
Net sales for the quarter rose 21.79% to Rs 94.40 million, compared with Rs 78 million for the prior year period.
Earnings per share for the quarter stood at Rs 4.00, registering 17.30% growth over previous year period.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Jun - 14 | Jun - 13 | %Change |
| Net Sales | 94.40 | 77.51 | 21.79 |
| Net Profit | 19.19 | 16.35 | 17.33 |
| Basic EPS | 4.00 | 3.41 | 17.30 |
Shares of the company gained Rs 14.3, or 8%, to trade at Rs 192.95. The total volume of shares traded was 5,474 at the BSE (12.36 p.m., Friday).
