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Our Bureau

Hyderabad, May 2

Priyadarshini Spinning Mills Ltd, the city-based manufacturer of cotton and synthetic yarn, has registered a net profit of Rs 97 lakh during the fourth quarter as against Rs 52 lakh in the same quarter last year.

The company clocked a total income of Rs 37.24 crore during the quarter as against Rs 32.68 crore in the same quarter last year. In a press release here on Tuesday, Mr Harish Cherukuri, Managing Director, said the company registered a total income of Rs 144.54 crore (Rs 139.71 crore) in the financial year ended March 31, 2006, showing an increase of 3.67 per cent. The net profit stood at Rs 3.46 crore (Rs 2.40 crore).

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