Amrit Corp Limited has posted a phenomenal increase in net profit for the period Q2 (ending Sep 2010) of the current fiscal (FY11). During the said quarter, net profit zoom 1157.60% to Rs 15.72 crore in comparison to the Rs 1.25 crore of Q2 (ending Sep 09) of previous year(FY10). Amrit Corp. Limited is an India-based company. The Company manufactures and markets dairy milk and milk products. It also deals and develops properties/real estate. The Company operates in three segments: dairy products, real estate and services. Its real estate segment is engaged in the development of residential township, commercial spaces and group housing complexes.
The company informed the share market(BSE) that the net sales increased 6.03% to Rs 9.67 crore in quarter ended Sep 2010 when compared with the last years same quarter ended Sep 2009 which was Rs 9.12 crore.
Share’s Data :-
BSE Code : 507525
Mkt. Cap : Rs 68.91 Crores
Amrit Corp Ltd. share’s CMP is Rs 215.35 on 29th Oct 2010.
Source :- BelltheBull