Financial Daily from THE HINDU group of publications
Tuesday, Jul 19, 2005
Financial Daily from THE HINDU group of publications Tuesday, Jul 19, 2005 |
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Corporate Results
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Automobile Components Samkrg Pistons Q1 sales, net up Our Bureau
Hyderabad , July 18 SAMKRG Pistons and Rings Ltd, the city-based Rs 80-crore auto components company, has recorded growth in both sales turnover and net profit for the first quarter of the current fiscal. As per the unaudited financial results approved by the board on Monday, the company posted net sales of Rs 19.5 crore (Rs 17.41 crore) and achieved net profit of Rs 2.02 crore (Rs 1.83 crore), yielding an EPS of Rs 8.24 (Rs 7.48). The stock closed at Rs 115.10 on the BSE on Monday, recording an increase of 1.59 per cent over the previous closing price.
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