Mohit Industries has reported results for third quarter ended December 31, 2011.
The company has posted a rise of 58.59% in its net profit at Rs 2.03 crore for the quarter ended December 31, 2011 as compared to Rs 1.28 crore for the same quarter in the previous year. Total income has increased by 32.97% at Rs 49.37 crore for the quarter under review as compared to Rs 37.13 crore year ago.
Mohit Industries (MIL) is involved in manufacturing of DTY (Drawn Textured Yarn) and grey fabric. The company’s plants are located at Kim (Surat) and Silvassa. Currently MIL has an installed capacity of 22537 MTPA for manufacturing DTY and 9.50 million metres pa for manufacturing grey fabric. The company also has a captive gas based power plant with power generation capacity of 451 KVA.
