Talwalkars Better Value Fitness spurts after good Q4 outcome

Talwalkars Better Value Fitness rose 9.16% to Rs 354 at 10:34 IST on BSE after consolidated net profit rose 20.08% to Rs 17.88 crore on 16.57% rise in net sales to Rs 76.84 crore in Q4 March 2015 over Q4 March 2014.

The result was announced after market hours yesterday, 7 May 2015.

Meanwhile, the BSE Sensex was up 374 points, or 1.41%, to 26,973.11.

On BSE, so far 60,000 shares were traded in the counter, compared with an average volume of 39,698 shares in the past one quarter.

The stock hit a high of Rs 357.30 and a low of Rs 335.90 so far during the day. The stock hit a record high of Rs 409.80 on 17 March 2015. The stock hit a 52-week low of Rs 170.20 on 15 May 2014.

The stock had underperformed the market over the past one month till 7 May 2015, falling 9.84% compared with 6.72% fall in the Sensex. The scrip had, however, outperformed the market in past one quarter, falling 1.11% as against Sensex's 7.38% fall.

The small-cap company has an equity capital of Rs 26.18 crore. Face value per share is Rs 10.

On a consolidated basis, Talwalkars Better Value Fitness' net profit rose 25.94% to Rs 46.08 crore on 20.58% rise in net sales to Rs 252.56 crore in the year ended March 2015 over the year ended March 2014.

Talwalkars Better Value Fitness is India's largest fitness chain with over 150 gyms across 78 cities, offering a diverse set of services including gyms, spas, aerobics and health counseling under the brand 'Talwalkars' to an active member base of over 1,25,000 members.

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