Adhunik Metaliks has announced the results for the quarter and year ended March 31, 2011.
The company has reported a marginal increase of 7% in its net profit for the quarter ended March 31, 2011 at Rs 22.06 crore as compared to Rs 20.71 crore for the quarter ended March 31, 2010. Its net sales / income from operations stood at Rs 433.87 crore for the quarter under review as compared to Rs 375.40 crore for the corresponding quarter of the previous year.
For the year ended March 31, 2011, the company has reported net profit of Rs 56.86 crore as compared to Rs 53.90 crore for the year ended March 31, 2010, up 5%. The company has reported net sales / income from operations of Rs 1437.30 crore for this year as compared to Rs 1258.58 crore for the year ago period.
Adhunik Metaliks is the flagship company of the Kolkata-based Adhunik Group of Industries and is engaged in manufacturing of wide range of special steels used for different applications in the fields of automobile, construction and engineering.
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