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.