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Santowin Corporation reports stellar Q3 numbers

15 Feb 2012 Evaluate

Santowin Corporation has reported results for third quarter ended December 31, 2011.

The company has posted a rise of 850% in its net profit at Rs 0.19 crore for the quarter ended December 31, 2011 as compared to Rs 0.02 crore for the same quarter in the previous year. Total income has increased by 191.89% at Rs 11.88 crore for quarter under review as compared to Rs 4.07 crore for the quarter ended December 31, 2010.

SCL has been engaged in the business of textiles since its inception in 1986. SCL has widened its horizons to multiple sectors including gold mining, technology, real estate, fitness and education.

Peers
Company Name CMP
Vardhman Textiles 569.75
Welspun Living 223.60
Arvind 556.20
Raymond Lifestyle 705.05
K.P.R. Mill 1135.05
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