Zenith Fibres announced a sharp rise in standalone net profit for the quarter ended June 2014. During the quarter, the profit of the company rose 53.79% to Rs 14.57 million from Rs 9.48 million in the same quarter last year.
Net sales for the quarter rose 27.46% to Rs 161.81 million, compared with Rs 127 million for the prior year period.
Earnings per share for the quarter stood at Rs 3.30, registering 54.21% growth over previous year period.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Jun - 14 | Jun - 13 | %Change |
| Net Sales | 161.81 | 126.96 | 27.46 |
| Net Profit | 14.57 | 9.48 | 53.79 |
| Basic EPS | 3.30 | 2.14 | 54.21 |
Shares of the company declined Rs 0, or 0%, to settle at Rs 31.00. The total volume of shares traded was 3,030 at the BSE (Wednesday).
