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Surana Corporation reports 23% fall in Q4 net profit

23 May 2012 Evaluate

Surana Corporation has reported results for fourth quarter and year ended March 31, 2012.

On standalone basis, the company has posted a fall of 22.55% in its net profit at Rs 9.55 crore for the quarter ended March 31, 2012 as compared to Rs 12.33 crore for the same quarter in the previous year.  However, total income has increased by 35.26% at Rs 2516.72 crore for quarter under review as compared to Rs 1860.63 crore for the quarter ended March 31, 2011

For the full year ended March 31, 2012, the company has posted a rise of 16.26% in its net profit at Rs 67.69 crore for the year ended March 31, 2012 as compared to Rs 58.22 crore for the same period in the previous year.  Total income has increased by 62.90% at Rs 8666.03 crore for year under review as compared to Rs 5319.79 crore for the period ended March 31, 2011.

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