Posted on August 15, 2015
Dredging Corporation Of India announced a substantial rise in consolidated net profit for the quarter ended June 2015. During the quarter, the profit of the company rose 49.91% to Rs 167.00 million from Rs 111.40 million in the same quarter previous year.
Revenues for the quarter declined 11.36% to Rs 1,678.30 million, compared with Rs 1,893.40 million for the prior year period.
Earnings per share for the quarter stood at Rs 5.96, registering 49.75% growth over previous year period.
|Quarterly Results –
|As at||Jun – 15||Jun – 14||%Change|
Shares of the company declined Rs 5.8, or 1.41%, to trade at Rs 407.00. The total volume of shares traded was 80,740 at the BSE (3.30 p.m., Friday).
– See more at: http://www.myiris.com/news/company-results/dredging-corporation-of-india–quarterly-profit-jumps-49.91-/20150814153234738#sthash.VwTtdNa1.UxcgwHHu.dpuf