Ganesh Housing Corporation consolidated quarterly profit jumps 56.52%
Source: IRIS | 14 Aug, 2014, 01.52PM
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| Rating: NAN / 5 stars. |
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Ganesh Housing Corporation announced a sharp rise in consolidated net profit for the quarter ended June 2014. During the quarter, the profit of the company rose 56.52% to Rs 105.47 million from Rs 67.38 million in the same quarter last year. Net sales for the quarter rose 35.36% to Rs 614.23 million, compared with Rs 454 million for the prior year period. Earnings per share for the quarter stood at Rs 3.23, registering 56.80% growth over previous year period.
| Quarterly Results - (Rs in mn) | | As at | Jun - 14 | Jun - 13 | %Change | | Net Sales | 614.23 | 453.77 | 35.36 | | Net Profit | 105.47 | 67.38 | 56.52 | | Basic EPS | 3.23 | 2.06 | 56.80 | Shares of the company declined Rs 5.4, or 3.61%, to trade at Rs 144.05. The total volume of shares traded was 2,298 at the BSE (1.42 p.m., Thursday).
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