Punj Lloyd disclosed a phenomenal jump in net profit for the quarter ended December 2007. During the quarter, the company experienced a 2.05 times rise in profit to Rs 391.60 million from Rs 190.39 million in the quarter ended December 2006.
Net sales for the quarter rose 91.13% to Rs 12,437.50 million compared with Rs 6,507.28 million in the corresponding quarter, a year ago.
Total income rose 87.95% to Rs 12,582 million for the quarter ended December 2007 from Rs 6,694.12 million for the same period last year.
The diluted EPS after extraordinary stood at Rs 1.26 for the quarter ended December 2007.
| Quarterly results (Rs in mn) | |||
| As at | December 2007(3) | December 2006(3) | %Change |
| Net Sales | 12,437.50 | 6,507.28 | 91.13 |
| Net Profit | 391.60 | 190.39 | 105.68 |
| EPS | 1.26 | - | - |
Shares of the company gained Rs 14.95 , or 3.5% to settle at Rs 442.2. The total volume of shares traded was 1,537,836 at the BSE.(Thursday ).
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