Advanta consolidated net profit rises 369.00% in the December 2014 quarter

Sales rise 35.55% to Rs 461.87 crore

Net profit of Advanta rose 369.00% to Rs 25.42 crore in the quarter ended December 2014 as against Rs 5.42 crore during the previous quarter ended December 2013. Sales rose 35.55% to Rs 461.87 crore in the quarter ended December 2014 as against Rs 340.75 crore during the previous quarter ended December 2013.

For the full year,net profit rose 87.77% to Rs 83.54 crore in the year ended December 2014 as against Rs 44.49 crore during the previous year ended December 2013. Sales rose 21.39% to Rs 1431.54 crore in the year ended December 2014 as against Rs 1179.28 crore during the previous year ended December 2013.

ParticularsQuarter EndedYear EndedDec. 2014Dec. 2013% Var.Dec. 2014Dec. 2013% Var.Sales461.87340.75 36 1431.541179.28 21 OPM %15.0215.78 -16.4015.86 - PBDT31.4119.97 57 121.50101.48 20 PBT21.6810.39 109 82.0164.69 27 NP25.425.42 369 83.5444.49 88

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