Shares of Nilkamal were up over 5% at Rs 968 on the Bombay Stock Exchange after the company's net profit for the quarter ended June 30, 2015 jumped 360% to Rs 25.3 crore compared to Rs 5.5 crore in the corresponding quarter last fiscal.
Net sales for the quarter under review increased nearly 10% to Rs 455 crore compared with Rs 415 crore during the quarter ended June 30, 2014.
The company's retail business under @home brand has registered 21% growth during April-June at Rs 50.5 crore compared to the quarter ended June 30, 2014 and achieved cash profit, the company said in a release.
The stock opened at Rs 976 and touched a high of Rs 1,009. At 10AM, over 350,000 shares were traded on both the stock exchanges.
