Omaxe Net Profit at Rs 46.52 Crore

Omaxe Ltd has announced the Unaudited results for the quarter ended June 30, 2008.

The Company has posted a profit after tax of Rs 465.274 million for the quarter ended June 30, 2008 as compared to Rs 544.581 million for the quarter ended June 30, 2007. Total Income has increased from Rs 2565.692 million for the quarter ended June 30, 2007 to Rs 2923.702 million for the quarter ended June 30, 2008.

The consolidated results for the Quarter ended June 30, 2008: The Group has posted a profit after tax of Rs 566.678 million for the quarter ended June 30, 2008 as compared to Rs 733.548 million for the quarter ended June 30, 2007. Total Income has increased from Rs 3424.559 million for the quarter ended June 30, 2007 to Rs 3543.829 million for the quarter ended June 30, 2008.

The stock closed the day at Rs.115.60, down by Rs.4.50 or 3.75%. The stock hit an intraday high of Rs.121.50 and low of Rs.115.

The total traded quantity was 165307 compared to 2 week average of 85855.

Source : Equity Bulls

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