Vikas WSP net up 51% in Sep`07 qtr

Vikas WSP announced its last quarter results today which can be seen at BSE site here........Vikas Wsp Sep`07 qtr results

As per myIRIS results analysis today,

"Vikas Wsp has announced a phenomenal increase in net profits for the quarter ended September 2007. During the quarter, the company witnessed a 50.74% rise in profits to Rs 172.61 million from Rs 114.51 million in the same quarter, last year.

Sales for the quarter rose 42.51% to Rs 820.92 million, compared with the corresponding quarter, a year ago.

Operating margins increased to 25.89% during the quarter, a rise of 140.47 basis points, compared with the corresponding quarter, a year ago.

Net Margins, on the other hand, rose to 20.08%, during the quarter from 19.13%.

The company`s earnings per share on a trailing 12 month basis is Rs 4.36.

At the closing price of Rs 49.90 on Oct. 08, 2007 at the BSE, the company`s shares were valued at 11.43 times earnings, on a trailing 12 month basis."