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Corporate Alert: Honda Atlas Cars announces Financial Results for the First Quarter ended June 30, 2017 reports EPS of 14.61

Honda Atlas Cars announced its financial results for the first quarter ended June 30, 2017.

The company’s Sales increased by 100percent in the outgoing year, whereas the profit for the period increases by 99percent in comparison to same quarter previous year.

The board approved Cash Dividend of Rs. 4.18 per share i.e. 41.8%

 

April – June

Key Financials

2017

2016

% Change

Sales

21,058,129

10,533,291

100%

Cost of Sales

18,067,865

8,915,596

103%

Gross Profit

2,990,264

1,617,695

85%

Distribution and Marketing Costs

148,792

91,666

62%

Administrative Expenses

136,287

97,619

40%

Profit from Operations

2,917,882

1,415,020

106%

Finance Cost

3,418

2,139

60%

Profit before Taxation

2,914,464

1,412,881

106%

Taxation

828,193

362,133

129%

Profit after Taxation

2,086,271

1,050,748

99%

Earnings per share – basic and diluted

14.61

7.36

99%

The complete statements can be accessed here.

Posted on: 2017-07-25T15:45:00+05:00
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