Chokhani Securities said a sharp rise in standalone net profit for the quarter ended September 2014. During the quarter, the profit of the company rose 2.94 times to Rs 8.46 million from Rs 2.88 million in the same quarter last year.
Net sales for the quarter declined 49.49% to Rs 3.85 million, compared with Rs 7.61 million for the prior year period.
Earnings per share for the quarter stood at Rs 1.80, registering 2.95 times growth over previous year period.
Quarterly Results - Standalone (Rs in mn) |
As at | Sep - 14 | Sep - 13 | %Change |
Net Sales | 3.85 | 7.61 | (49.49) |
Net Profit | 8.46 | 2.88 | 193.98 |
Basic EPS | 1.80 | 0.61 | 195.08 |
Shares of the company gained Rs 0.85, or 4.66%, to trade at Rs 19.10. The total volume of shares traded was 290 at the BSE (1.55 p.m., Tuesday).