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Liberty net Q1 jumps 70% at Rs 5.8 crore
26 Apr '06
1 min read
Footwear manufacturing company Liberty Shoes Ltd registered a 70 percent jump in net profit at Rs 5.8 crore for first quarter ended March 31, against Rs 3.42 crore recorded the previous year.
Net sales increased by 31.31 percent at Rs 57.66 crore as compared to Rs 43.9 crore in the corresponding quarter last year.
Company's share price, which opened at Rs 239.70 slipped 21 percent in a weak market as BSE sensex fell 268 points.
Liberty Shoes posted a 101 percent jump in net profit for year ended March 31 at Rs 19.7 crore against Rs 9.8 crore in the previous fiscal.
Net sales during the financial year grew by 15 per cent to touch Rs 204.4 crore from Rs 177.5 crore, the previous fiscal.
Exports grew 14.36 percent at Rs 62.9 crore against Rs 55 crore last year.
The earnings per share (EPS) of the company stood at Rs 11.56.
Net sales increased by 31.31 percent at Rs 57.66 crore as compared to Rs 43.9 crore in the corresponding quarter last year.
Company's share price, which opened at Rs 239.70 slipped 21 percent in a weak market as BSE sensex fell 268 points.
Liberty Shoes posted a 101 percent jump in net profit for year ended March 31 at Rs 19.7 crore against Rs 9.8 crore in the previous fiscal.
Net sales during the financial year grew by 15 per cent to touch Rs 204.4 crore from Rs 177.5 crore, the previous fiscal.
Exports grew 14.36 percent at Rs 62.9 crore against Rs 55 crore last year.
The earnings per share (EPS) of the company stood at Rs 11.56.
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