On April 1, 2010, X Limited had 1,00,000 equity shares and it has profit after tax attributable
Question:
On April 1, 2010, X Limited had 1,00,000 equity shares and it has profit after tax attributable to equity shareholders of ₹5,00,000. During the year 2010–11 on July 1, 2010, it issued 20,000 new shares and on January 1, 2011, 30,000 more shares were issued on conversion. The reported profit after tax attributable to equity shares for the year ending 2010–11 was ₹8,20,000. Calculate basic EPS.
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Basic EPS on April 1 2010 is to be calculated as follows Earning at...View the full answer
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