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Priyadarshini Spinning Mills Ltd., has registered a net profit of Rs 2.26 crore, including adjustment of deferred tax of Rs 1.61 crore for the third quarter ended December 31, 2010 as against a loss of Rs 1.20 crore for the corresponding period last year.
The revenue for the third quarter was up at Rs 68.87 crore, against Rs 53.08 crore for the corresponding period last year. The profit after tax for nine months ended December 31, 2010 was Rs 7.86 crore on a turnover of Rs 187.18 crore showing an EPS of Rs 7.10.
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