Bihar Tubes Q3 FY10 : Turns to Profit

by khalid on 12/01/2010 · 0 comments

Bihar Tubes turnaround to profit for the quarter Q3 FY10 ended December 2009. Bihar Tubes Ltd. is a leading anufacturer and supplier of steel tubes, mild steel tubes, aluminum steel tubes, galvanized steel tubes and steel pipes & tubes. The company has posted a consolidated profit for the period (Oct, Nov, Dec,) Q3 of the current fiscal (FY10). During the said quarter, consolidated profit rose to Rs 8.41 crores in comparison to the Rs 7.44 crores of loss in Q3 of previous year(FY09).

The company informed the market that the net sales surged 40.60% to Rs 141.20 crores, when compared with the same quarter of previous year(FY09).

Bihar Tubes Ltd. share’s CMP is Rs 99.15 on 11th Jan 2010.

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