Net profit during the second quarter ended December 31, 2014 increased 45% to Rs 36 crore from Rs 25 crore in the same quarter last fiscal.
Air cooler sales grew 27% to 238,668 units while average realisation stood at Rs 6,277 per unit compared with Rs 6,067 in the second quarter ended December 31, 2013, the company said in a release.
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Net sales during the second quarter increased 31% to Rs 151.41 crore compared to Rs 115 crore in the corresponding quarter last fiscal.
The stock opened at Rs 2,180 and touched a high of Rs 2,225. At 10:30AM, over 57,000 shares were traded on both the stock exchanges.
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