Binani Industries has reported results for fourth quarter ended March 31, 2012
The company has reported net profit of Rs 12.15 crore for the quarter ended March 31, 2012, against net loss of Rs 14.40 crore for the corresponding period last fiscal. However total income increased by 227.38% at Rs 55.95 crore during the quarter under review from Rs 17.09 crore in the year-ago period.
On the consolidated basis, the company has reported net loss of Rs 164.88 crore for the year ended March 31, 2012, against net loss of Rs 45.43 crore for the corresponding period last fiscal. However total income increased by 26.46% at Rs 3069.37 crore during the year under review from Rs 2427.23 crore in the year-ago period.
