Suryalakshmi Cotton Mills Q2 FY11 Results : Net profit zoom 2824.14%

by khalid on 24/10/2010 · 0 comments

Suryalakshmi Cotton Mills 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 rises 2824.14% to Rs 8.48 crore in comparison to the Rs 0.29 crore of Q2 (ending Sep 09) of previous year(FY10). Suryalakshmi Cotton Mills Limited is an integrated textile company in India. The Company operates in two segments: Spinning and Denim. Spinning includes cotton yarn, combed yarn and P.V.yarn. Denim includes denim fabrics.

The company informed the share market(BSE) that the net sales increased 28.34% to Rs 132.37 crore in quarter ended Sep 2010 when compared with the last years same quarter ended Sep 2009 which was Rs 103.14 crore.

Share’s Data :-
BSE Code : 521200
Mkt. Cap: Rs 178.62 Crores
Suryalakshmi Cotton Mills Limited share’s CMP is Rs 133.30 on 22nd Oct 2010

Source : BelltheBull

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