Vardhman Textiles Q2 FY11 Results : Net profit rises 129.97%

by khalid on 25/10/2010 · 0 comments

Vardhman Textiles Limited has posted an increase in net profit for the period Q2 (ending Sep 2010) of the current fiscal (FY11). During the said quarter, net profit rises 129.97% to Rs 115.95 crore in comparison to the Rs 50.42 crore of Q2 (ending Sep 09) of previous year(FY10). Vardhman Textiles Limited is a textile producer in India. Spanning over 24 manufacturing facilities in five states across India, its business portfolio includes yarn, greige and processed fabric, sewing thread, acrylic fiber and alloy steel.

The company informed the share market(BSE) that the net sales rose 36.06% to Rs 907.73 crore in quarter ended Sep 2010 when compared with the last years same quarter ended Sep 2009 which was Rs 667.17 crore.

Share’s Data :-
BSE Code : 502986
Mkt. Cap : Rs 1,974.16 Crores
Vardhman Textiles Ltd. share’s CMP is Rs 341.55 on 22nd Oct 2010.

Source :- BelltheBull

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