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 Corporate Results - Engineering


Ennore Foundries nets Rs 13.08 cr profit

Our Bureau

CHENNAI: Ennore Foundries has reported a net profit of Rs 13.08 crore for 2004-05 compared with Rs 4.18 crore for the previous year. The company's turnover increased to Rs 222.26 crore (Rs 185.07 crore). At a press conference, Ennore Foundries' Managing Director Mr V. Mahadevan said that the company proposed to invest Rs 230 crore in capacity expansion, including Rs 45 crore for modernisation of the Ennore unit.

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