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Our Bureau

Hyderabad , Oct. 31

VISAKA Industries Ltd (VIL) has reported a growth of 41.67 per cent in net sales income and 73 per cent in post-tax profit for the second quarter of current fiscal ended September 2005.

As per the unaudited financial results, the company posted net sales of Rs 67.79 crore as compared to Rs 47.85 crore in the corresponding quarter of previous fiscal and achieved a net profit of Rs 5.63 crore (Rs 3.26 crore).

For the six months period ended September, the net sales income jumped 41.74 per cent to Rs 145.71 crore (Rs 102.82 crore), while net profit rose 57.24 per cent to Rs 9.52 crore (Rs 6.05 crore).

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