NMDC announced a good increase in standalone net profit for the quarter ended June 2014. During the quarter, the profit of the company rose 21.81% to Rs 19,150.10 million from Rs 15,721.90 million in the same quarter last year.
Net sales for the quarter rose 21.11% to Rs 34,767.30 million, compared with Rs 28,706 million for the prior year period.
Earnings per share for the quarter stood at Rs 4.83, registering 21.66% growth over previous year period.
Quarterly Results - Standalone (Rs in mn) |
As at | Jun - 14 | Jun - 13 | %Change |
Net Sales | 34,767.30 | 28,706.20 | 21.11 |
Net Profit | 19,150.10 | 15,721.90 | 21.81 |
Basic EPS | 4.83 | 3.97 | 21.66 |
Shares of the company gained Rs 1.4, or 0.81%, to settle at Rs 173.45. The total volume of shares traded was 93,227 at the BSE (Tuesday).