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Rubicon Research's Fiscal Q4 Consolidated Profit Soars; Shares Jump 12%

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Rubicon Research's (NSE:RUBICON, BOM:544578) attributable consolidated profit jumped to 767.9 million Indian rupees in the fiscal fourth quarter, from 362.5 million rupees a year ago, according to an Indian bourse filing on Friday.

Shares of the company jumped 12% in Monday's trade.

Earnings per share in the quarter ended March 31 increased to 4.60 rupees from 2.34 rupees a year earlier.

Revenue from operations in fiscal Q4 increased year on year to 5.14 billion rupees from 3.58 billion rupees.

The company declared a final dividend of 1.50 rupees per share for the financial year ended March 31, the filing said.

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