M P S consolidated quarterly net jumps 80.20%
Source: IRIS | 29 Oct, 2014, 02.12PM
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Rating: NAN / 5 stars. |
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M P S announced a sharp rise in consolidated net profit for the quarter ended September 2014. During the quarter, the profit of the company rose 80.20% to Rs 141.10 million from Rs 78.30 million in the same quarter last year. Net sales for the quarter rose 13.34% to Rs 555.70 million, compared with Rs 490 million for the prior year period. Earnings per share for the quarter stood at Rs 8.38, registering 80.22% growth over previous year period.
Quarterly Results - consolidated (Rs in mn) | As at | Sep - 14 | Sep - 13 | %Change | Net Sales | 555.70 | 490.30 | 13.34 | Net Profit | 141.10 | 78.30 | 80.20 | Basic EPS | 8.38 | 4.65 | 80.22 | Shares of the company gained Rs 94.2, or 15.5%, to trade at Rs 702.00. The total volume of shares traded was 48,941 at the BSE (2.02 p.m., Wednesday).
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