V S T Tillers Tractors announced a sharp rise in standalone net profit for the quarter ended March 2014. During the quarter, the profit of the company rose 65.14% to Rs 249.20 million from Rs 150.90 million in the same quarter previous year.
Net sales for the quarter rose 15.22% to Rs 1,619.70 million, compared with Rs 1,406 million for the prior year period.
Earnings per share for the quarter stood at Rs 28.85, registering 65.23% growth over previous year period.
Quarterly Results - Standalone (Rs in mn) |
As at | Mar - 14 | Mar - 13 | %Change |
Net Sales | 1,619.70 | 1,405.70 | 15.22 |
Net Profit | 249.20 | 150.90 | 65.14 |
Basic EPS | 28.85 | 17.46 | 65.23 |
Shares of the company gained Rs 20.65, or 1.77%, to settle at Rs 1,186.05. The total volume of shares traded was 1,803 at the BSE (Thursday).