Business Daily from THE HINDU group of publications
Friday, Nov 02, 2007
ePaper | Mobile/PDA Version
Business Daily from THE HINDU group of publications Friday, Nov 02, 2007 ePaper | Mobile/PDA Version |
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Corporate Results
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Textiles Bombay Dyeing net rises 33% at Rs 14.29 cr Our Bureau Mumbai, Nov. 1 Bombay Dyeing reported an increase of 33.5 per cent in its net profit at Rs 14.29 crore for the second quarter as compared to Rs 10.7 crore for the same period last year. The total income increased by 32 per cent at Rs 173.75 crore (Rs 131.49 crore). The cost of real estate is net of revaluation reserve of Rs 7.66 crore of an earlier year and Rs 75.62 crore for the year ended March 31, 2007, according to a company release. The net sales of the company rose by 32.8 per cent to Rs 168.18 crore from Rs 126.61 crore of the same period last year. The operations at the polyester staple fibre plant, which were suspended for modifications, re-commissioned during second week of September and commercial production commenced from October 1. The company’s scrip on Thursday closed at Rs 693.05, down 5.20 per cent as compared to Rs 731.10 of the previous day’s close. More Stories on : Textiles
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