Shakti Pumps has reported results for first quarter ended June 30, 2014.
The company has reported 55.37% rise in its net profit after tax at Rs 6.79 crore for the quarter as compared to Rs 4.37 crore for the same quarter in the previous year. Total income of the company has increased by 36.15% at Rs 69.70 crore for quarter under review as compared to Rs 51.19 crore for the quarter ended June 30, 2013.
Shakti Pumps was incorporated to manufacture submersible pumps and electric control panels. The company is engaged in the business of manufacturing of submersible pumps along with submersible motors and associated controls panels under the name ‘Shakti’.
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