M C S disclosed a sharp rise in standalone net profit for the quarter ended June 2014. During the quarter, the profit of the company rose 39.85 times to Rs 3.35 million from Rs 0.08 million in the same quarter last year.
Net sales for the quarter declined 16.08% to Rs 11.30 million, compared with Rs 13.47 million for the prior year period.
Earnings per share for the quarter stood at Rs 0.65, registering 32.50 times growth over previous year period.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Jun - 14 | Jun - 13 | %Change |
| Net Sales | 11.30 | 13.47 | (16.08) |
| Net Profit | 3.35 | 0.08 | 3884.52 |
| Basic EPS | 0.65 | 0.02 | 3150.00 |
Shares of the company declined Rs 0.36, or 4.93%, to settle at Rs 6.94. The total volume of shares traded was 1,000 at the BSE (Friday).
