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Fedders Lloyd Q3 FY10 Results : Net zooms 6.13 times

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Fedders Lloyd Corporation Ltd. promoted by Punj Family started the trading business of AC Units and subsequently commenced the manufacturing of AC Units in India. The company has posted a phenomenal increase in net profit for the period Q3 (ending Dec 09) of the current fiscal (FY10). During the said quarter, net profit zooms 6.13 times to Rs 7.54 crores in comparison to the Rs 1.23 crores of Q3 (ending Dec 08) of previous year(FY09).

The company informed the market(BSE) that the net sales too surged 99.26% to Rs 140.42 crores in Q3 FY10 when compared with the same quarter Q3 FY09 of previous year. Net sales was Rs 69.49 crores in last year’s quarter.

Share’s Data :
BSE Code : 500139
Mkt. Cap: Rs 239 Crores
P/E Ratio: 18.86
EPS (Rs): 4.12
Face Value : Rs 10
Last Dividend : 10% in Nov 2009
52 Week H/L : Rs 94.20 / 15.35
Fedders Lloyd Corporation Ltd. share’s CMP is Rs 77.75 on 5th Feb 2010

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