*Axtel Industries* reported a phenomenal rise in standalone net profit for the quarter ended December 2008.
During the quarter, the profit of the company rose 3.02 times to Rs 14.91 million from Rs 4.94 million in the same quarter last year. The company reported huge profit due to surge in sales and better operating margins. Net sales for the quarter surged 68.14% to Rs 134.70 million, while total income for the quarter jumped 66.82% to Rs 134.72 million, when compared with the prior year period. The company reported earnings of Rs 1.49 a share during the quarter, registering 2.40 times growth over prior year period. *Quarterly Results - Standalone (Rs in mn)* *As at* *Dec - 08* *Dec - 07* *%Change* *Net Sales* 134.70 80.11 68.14 *Net Profit* 14.91 4.94 201.82 *Basic EPS* 1.49 0.62 140.32 During the quarter, the operating margin of the company increased by 450.40 basis points to 12.09% compared with the previous year period. --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Kences1" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/kences1?hl=en -~----------~----~----~----~------~----~------~--~---
