Air cooler company, Symphony Ltd has reported an increase of 48% in net profit and 56% in sales in the second quarter ended December 31, 2012, compared to the corresponding period last fiscal
While the sales were Rs 92.12 crore (Rs 56.17 crore), its profit after tax stood at Rs 16.73 crore (Rs 11.30 crore), according to its press release.
The company plans to increase the number of its dealers from the existing 14,000 to 20,000 by June 2013, said Nrupesh Shah, Executive Director.
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.