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Ceramics products maker, Asian Granito India Ltd (AGL) posted 37 per cent rise in the net profit at Rs 3.95 crore for the second quarter ended September 2014 against Rs 2.88 crore in the corresponding quarter previous year.
Company’s net sales for the period stood at Rs 215 crore, up 14 per cent against Rs 188 crore in the same period previous year. Company’s earnings per share (EPS) for second quarter stood at Rs 1.75 per share (on face value of Rs 10 each), the company informed in a statement issued on Friday.
For the six-month period ended September 2014, the company reported a net profit of Rs 7.30 crore as compared to Rs 5.43 crore in the same period previous year. Net sales for the period stood at Rs 391 crore as against Rs 345 crore in the corresponding period last year, showing a growth of 13 per cent. Earnings per share for the first half period were Rs 3.23 per share (on face value of Rs.10 each).
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