Indo National disclosed a sharp rise in standalone net profit for the quarter ended September 2014. During the quarter, the profit of the company rose 2.18 times to Rs 74.70 million from Rs 34.20 million in the same quarter last year.
Net sales for the quarter rose marginally 0.84% to Rs 928.60 million, compared with Rs 921 million for the prior year period.
Earnings per share for the quarter stood at Rs 19.92, registering 2.18 times growth over previous year period.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Sep - 14 | Sep - 13 | %Change |
| Net Sales | 928.60 | 920.90 | 0.84 |
| Net Profit | 74.70 | 34.20 | 118.42 |
| Basic EPS | 19.92 | 9.12 | 118.42 |
Shares of the company gained Rs 43.15, or 5.75%, to trade at Rs 793.00. The total volume of shares traded was 18,205 at the BSE (2.07 p.m., Friday).
