Comments
Nakoda Ltd, leading manufacturer of fully drawn yarn, has reported a growth of 19.45 per cent in revenue and 18.90 per cent in net profit in the quarter ended December 31, 2013, as compared to the corresponding quarter last fiscal.
While the company’s revenues increased to Rs 812.58 crore (Rs 680.25 crore), profit after tax stood at Rs 19.63 crore (Rs 16.51 crore), according to a press release here.
The revenue for the year ended on December 31, 2013 also rose by 17.22 per cent to Rs 3,021.70 crore (Rs 2,577.86 crore) and net profit rose by 24.45 per cent to Rs 74.16 crore (Rs 59.59 crore).
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.