Switching Technologies Gunther swung to a profit for the quarter ended June 2014. During the quarter, the company reported a profit of Rs 6.79 million compared with a loss of Rs 3.33 million in the same quarter previous year.
Net sales for the quarter surged 45.87% to Rs 51.84 million, compared with Rs 36 million for the prior year period.
Earnings per share stood at Rs 2.77 compared with negative Rs 1.36 in the same quarter last year.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Jun - 14 | Jun - 13 | %Change |
| Net Sales | 51.84 | 35.54 | 45.87 |
| Net Profit | 6.79 | (3.34) | - |
| Basic EPS | 2.77 | (1.36) | - |
Shares of the company gained Rs 5.5, or 9.92%, to trade at Rs 60.95. The total volume of shares traded was 4,160 at the BSE (12.44 p.m., Friday).
