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Our Bureau

New Delhi , Jan. 25

SAMTEL Color Ltd has announced a 158 per cent jump in its profit after tax to Rs 20.9 crore in the third quarter of the current fiscal from Rs 8.1 crore in the same period last year.

Total revenues during the quarter increased to Rs 275.5 crore (Rs 270.80 crore). Momentum to revenue growth was provided by higher exports.

The company's export revenues increased by 37 per cent to Rs 39.9 crore in the October-December 2004 period. According to a company statement, domestic revenues remained neutral at Rs 199.5 crore.

"Domestic demand was subdued during the period as colour TV (CTV) manufacturers focused on inventory clearance post the stock build up for the festival season. The domestic demand is once again showing renewed growth," it says.

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