Financial Daily from THE HINDU group of publications
Saturday, Jun 26, 2004
Financial Daily from THE HINDU group of publications Saturday, Jun 26, 2004 |
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Corporate Results
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Textiles Indo Rama Synth net up 37.6 pc Our Bureau
New Delhi , June 25 POLYESTER manufacturer Indo Rama Synthetics (I) Ltd (IRSL) has reported a 37.6 per cent jump in net profit at Rs 171.71 crore for 2003-04, compared with a net of Rs 124.82 crore recorded during the previous year. The company reported a 13.2 per cent increase in cash profits at Rs 349.04 crore for the financial year-ended March 31, as against a cash profit of Rs 308.42 crore recorded in 2002-03.Operating profit for the last fiscal was at Rs 395.97 crore, from Rs 370.44 crore in 2002-03, the release said. Profit before tax also went up by 18.1 per cent to Rs 252.58 crore in 2003-04, from Rs 213.78 crore during the preceding year.
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