Caplin Point Laboratories Ltd quarterly profit up at Rs.6.86 Million

Caplin Point Laboratories Ltd has announced the financial results for the quarter ended June 30, 2007.

The company has reported total income of Rs.116.47 Million during quarter ended June 30, 2007 compared to Rs.54.74 Million during quarter ended June 30, 2006. The company posted net profit after tax of Rs.6.86 Million during quarter ended June 30, 2007 as compared to Rs.3.01 Million during quarter ended June 30, 2006.

The company has reported an Earnings Per Share (EPS) of Rs.0.52 for the quarter ended June 30, 2007 compared to Rs.0.59 during quarter ended June 30, 2006.

The financial results published for this quarter includes operations of Merged company and hence the figures for the quarter ended June 30, 2006 are not comparable.

The stock closed the day at Rs.14.17, up by Rs.0.67 or 4.96%. The total traded quantity was 800 compared to 2 week average of 743. The stock hit an intraday high of Rs.14.17 and low of Rs.14.17.

Source : Equity Bulls

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