Rupa reports 29.24% rise in net profits

Reporting a massive growth in its net profit at 52.94 percent

Rupa & Company recorded net sales of Rs 136.061 million in the fourth quarter ended on March 31, 2012. Net profit for fourth quarter 2011 was recorded as Rs 88.966 million.

Total income increased by 14.01 per cent and soared to Rs 2,159.456 million compared to Rs 1,894.051 million last year. EPS (Earnings per share) was reported at Rs 1.71 for the quarter compared to Rs 1.12 for the same period previous year. And, EPS for year 2012 was Rs 5.48 compared to Rs 4.24 in 2011.

On annual basis, the net profit of the company grew by 29.24 per cent to Rs 435.560 million in 2012, whereas it was Rs 337.005 million in 2011. Total income for the year 2012 saw an increase of 9.38 % was reported to be Rs 7,110.023 million compared to Rs 6,500.338 million in 2011.

Growing by Rs 1.60 or 1.11 per cent, shares of Rupa & Company was trading in BSE at Rs.145.50. The stock hit an intraday high of Rs.149.90 and low of Rs.144. The total traded quantity was 2668 compared to 2 week average of 788. Rupa & Company manufactures undergarments, hosiery and knitwear products.