Centron Industrial Alliance said a sharp rise in standalone net profit for the quarter ended September 2014. During the quarter, the profit of the company rose 57.19% to Rs 1.90 million from Rs 1.21 million in the same quarter previous year.
Net sales for the quarter jumped 53.98% to Rs 59.35 million, compared with Rs 39 million for the prior year period.
Earnings per share for the quarter stood at Rs 0.02, registering 83.33% decline over previous year period.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Sep - 14 | Sep - 13 | %Change |
| Net Sales | 59.35 | 38.55 | 53.98 |
| Net Profit | 1.90 | 1.21 | 57.19 |
| Basic EPS | 0.02 | 0.12 | (83.33) |
Shares of the company declined Rs 2.65, or 9.91%, to settle at Rs 24.10. The total volume of shares traded was 801,614 at the BSE (Monday).
