Financial Results – For the Quarter Ended April to June

Key Financials

2017

2016

% Change

Sales

17,639,849

14,797,202

19%

Cost of Sales

15,747,988

13,267,500

19%

Gross Profit

1,945,861

1,529,702

27%

Sales and Marketing Expenses

436,701

371,791

17%

Administrative Expenses

148,051

125,754

18%

Other Operating Income

222,434

198,897

12%

Other Operating Expenses

113,205

86,188

31%

Profit from Operations

1,470,338

1,144,866

28%

Finance Cost

2,867

3,945

-27%

Share of Profit of an associate – net of tax

14,201

11,008

29%

Profit before taxation

1,481,672

1,151,929

29%

Taxation

381,501

301,484

27%

Profit after Taxation

1,100,171

850,445

29%

Earnings per share – Rs

10.64

8.22

29%