Nilkamal Q2 FY11 Results : Net profit rises 22.09%

by khalid on 29/10/2010 · 0 comments

Nilkamal Ltd. 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 rose 22.09% to Rs 16.03 crores in comparison to the Rs 13.13 crores of Q3 (ending Dec 08) of previous year(FY09). Nilkamal Ltd. is in the business of manufacturing molded plastic articles consisting of molded plastic furniture, material handling products and operating in retail chain of home decor stores.

The company informed the market(BSE) that the net sales increased 29.34% to Rs 317.88 crores in Q3 FY10 when compared with the same quarter Q3 FY09 of previous year. Net sales was Rs 245.77 crores in last year’s quarter.

Share’s Data :-
BSE Code : 523385
Mkt. Cap: Rs 566.35 Crores
Nilkamal Ltd. share’s CMP is Rs 380.10 on 28th Oct 2010.

Source :- BelltheBull

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