Gujarat NRE Coke Q1 FY11 Results : Net rises over 5 times

by khalid on 11/07/2010 · 0 comments

Gujarat NRE Coke Ltd (GNCL), the flagship company of Gujarat NRE group is the largest independent producer of met coke in India. Identified as the 4th best performing stock in this decade in the country.
The company has achieved a significant rise in standalone profit and posted a net profit of Rs 20.04 crores in the Q1 FY11 of the current fiscal (FY11), ended in June 2010. This is an increase of 5.60 times over the prior quarter.

The company informed the market(BSE) that the net sales increased by 1.22% to Rs 453.73 crores in Q1 FY11 when compared with the same quarter Q1 FY10 of previous year. This is an increase of 35.58% over the prior quarter.

Share’s Data :-
BSE Code : 512579
Mkt. Cap : Rs 3,457.88 Crores
Gujarat NRE Coke Ltd. share’s CMP is Rs 63.10 on 9th July 2010.

Source :- BelltheBull

Related Posts Plugin for WordPress, Blogger...

Leave a Comment

Previous post:

Next post: