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Oriental Carbon & Chemicals quarterly earnings jump 44.54%
Source: IRIS | 31 Jul, 2015, 03.54PM
Rating: NAN / 5 stars.
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Oriental Carbon & Chemicals  disclosed a substantial rise in standalone net profit for the quarter ended June 2015.  During the quarter, the profit of the company rose 44.54% to Rs 143.50 million from Rs 99.27 million  in the same quarter previous year.

Revenues for the quarter  rose 6.29% to Rs 721.12 million, compared with Rs 678 million for the prior year period.

Operating margin for the quarter stood at 22.93 percent  as compared to 20.80 percent for the previous year period.  Operating Income for the quarter was Rs 165.35 million, compared with Rs 141.144 million in the previous year period.

Earnings per share for the quarter stood at Rs 13.94, registering 44.61% growth over previous year period.

Quarterly Results - Standalone (Rs in mn)
As atJun - 15Jun - 14%Change
Revenues721.12678.426.29
Net Profit143.5099.2744.54
Diluted EPS13.949.6444.61

Shares of the company gained Rs 11.4, or 2.18%, to trade at  Rs 535.50.  The total volume of shares traded  was  27,725 at the BSE (3.46 p.m., Friday).

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