Business Daily from THE HINDU group of publications
Tuesday, Jan 29, 2008
ePaper | Mobile/PDA Version
Business Daily from THE HINDU group of publications Tuesday, Jan 29, 2008 ePaper | Mobile/PDA Version |
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Corporate Results
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Textiles GHCL net increases 6.49% Our Bureau New Delhi, Jan. 28 Home textile and soda ash firm GHCL Ltd on Monday reported a 6.49 per cent rise in its net profit for the quarter ended December 31, 2007 at Rs 32.17 crore compared with Rs30.21 crore for the same period last year. The company’s total income rose 38.40 per cent at Rs 302.48 crore for the third quarter against Rs 218.56 crore for the corresponding period a year ago, GHCL said in a statement. “Textile division revenues during the quarter accounts for 42 per cent (about Rs 127 crore) of the total business, with a growth of 66 per cent year-on-year,” it added. The company’s net profit for the nine-month period ended December 31 this fiscal stood at Rs 89.07 crore compared with Rs 86.83 crore for the same period in 2006. Income from operations for the period was recorded at Rs 833.14 crore against Rs 633.20 crore during the previous year.
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