Financial Daily from THE HINDU group of publications
Friday, May 12, 2006
Financial Daily from THE HINDU group of publications Friday, May 12, 2006 |
|
|
|
|
|
|
|
Corporate
-
Performance Kilburn Engg registers 12.7 pc growth in sales Our Bureau
Kolkata , May 11 Kilburn Engineering Ltd, a BM Khaitan Group company, has registered 12.7 per cent growth in its gross sales for the quarter ended March 31, 2006 as compared to the corresponding quarter of 2004-05. Gross sales went up to Rs 17.98 crore from Rs 15.95 crore. Net profit, however, jumped by over ten times. From 2.07 crore it went up to Rs 13.63 crore because of a deferred taxation asset of Rs 8.59 crore. Kilburn Engineering closed its accounts on March 31, 2006 after an 18-month period. For this period, the company net sales and net profit are Rs 67.23 crore and Rs 19.27 crore respectively. The company was in the BIFR (Board for Industrial & Financial Reconstruction) after becoming sick. Based on a revival package, which was approved in 2004, it has now turned around. It would soon seek de-registration from BIFR. The company has successfully initiated a long-term supply relationship with its technical collaborators, the Japan-based Nara Machinery Co Ltd, for supply of paddle dryers.
More Stories on : Performance | Engineering
Article E-Mail :: Comment :: Syndication :: Printer Friendly Page
|
Stories in this Section |
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |
Copyright © 2006, The
Hindu Business Line. Republication or redissemination of the contents of
this screen are expressly prohibited without the written consent of
The Hindu Business Line
|