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Kamdhenu Ispat reports 94% rise in Q4 net profit

31 May 2012 Evaluate

Kamdhenu Ispat has reported results for fourth quarter and year ended March 31, 2012.

On standalone basis, the company has posted a rise of 93.94% in its net profit at Rs 1.28 crore for the quarter ended March 31, 2012 as compared to Rs 0.66 crore for the same quarter in the previous year. Total income has increased by 37.95% at Rs 134.61 crore for quarter under review as compared to Rs 97.58 crore for the quarter ended March 31, 2011.

For the full year ended March 31, 2012 the company has posted a rise of 41.90% in its net profit at Rs 4.03 crore as compared to Rs 2.84 crore in the previous year. Total income has increased by 25.67% at Rs 481.50 crore for year under review as compared to Rs 383.13 crore for the period ended March 31, 2011.

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