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Our Bureau

Hyderabad, April 18

Alufluoride Ltd has registered net sales of Rs 20.77 crore for 2006-07, posting 19 per cent increase over the previous year's turnover of Rs 17.48 crore.

The net profit of the Visakhapatnam-based company stood at Rs 2.04 crore (Rs 17 lakh). Exports stood at Rs 12.13 crore, constituting 58 per cent of total sales. According to the unaudited financial results, the company became a debt-free company during the year. The demand for aluminium fluoride is strong and the image of the company is well established both in domestic and export markets, a company release said.

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