Makers Laboratories announced a substantial rise in standalone net profit for the quarter ended June 2014. During the quarter, the profit of the company rose 46.02% to Rs 5.59 million from Rs 3.83 million in the same quarter last year.
Net sales for the quarter rose marginally 1.32% to Rs 169.41 million, compared with Rs 167 million for the prior year period.
Earnings per share for the quarter stood at Rs 1.14, registering 46.15% growth over previous year period.
Quarterly Results - Standalone (Rs in mn) |
As at | Jun - 14 | Jun - 13 | %Change |
Net Sales | 169.41 | 167.20 | 1.32 |
Net Profit | 5.59 | 3.83 | 46.02 |
Basic EPS | 1.14 | 0.78 | 46.15 |
Shares of the company declined Rs 0.7, or 2.39%, to trade at Rs 28.55. The total volume of shares traded was 4,550 at the BSE (3.41 p.m., Monday).