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Calculation Of EPS

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(Querist)
15 July 2010 Dear Experts

Please explain me how EPS is derived from the following data :

Net Profit 274840

Equity Shares (1st six months) 10000 sh
(Further Issue) 9680 sh
TOTAL No Shares 19680 sh

My boss has calculated EPS of Rs.10.36/-

Thanks
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CA Ravi Sisodia

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CA Ravi Sisodia (Expert)
15 July 2010 calculation as per AS-20 -----

weighted average no. of equity shares = 10000 + 9680/2 = 14840 shares

EPS = 274840\14840 = rs. 18.52 per share
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Srikant

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Srikant (Expert)
15 July 2010 It should be AS 20.
Weighted Avg no. of Shares =(10000 x12/12)+ (9680 x 6/12)= 14840

EPS = Rs 2,74,840.00 / 14840 = Rs 18.52
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