Nitin Fire Protection Inds has reported results for third quarter ended December 31, 2011.
The company has posted a fall of 75.47% in its net profit to Rs 2.73 crore for the quarter ended December 31, 2011 as compared to Rs 11.13 crore for the same quarter in the previous year. However, total income has increased by 311.51% to Rs 74.73 crore for quarter under review as compared to Rs 18.16 crore for the quarter ended December 31, 2010.
On the consolidated basis, the company has posted rise of 1.62% in its net profit at Rs 53.36 crore for the quarter ended December 31, 2011 as compared to Rs 52.51 crore for the same quarter in the previous year. Total income has increased by 7.35% at Rs 440.41 crore for the quarter under review as compared to Rs 410.27 crore year ago.
Nitin Fire Protection Industries is a leading fire protection, safety, securities and intelligent building management system, high pressure seamless cylinders and refueling systems company in India.
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