Associated Stone Inds reports 5% rise in Q4 net profit

01 Jun 2012

Associated Stone Inds has reported results for fourth quarter and year ended March 31, 2012.

On standalone basis, the company has posted a rise of 4.51% in its net profit at Rs 4.40 crore for the quarter ended March 31, 2012 as compared to Rs 4.21 crore for the same quarter in the previous year.  Total income has increased by 4.73% at Rs 57.51 crore for quarter under review as compared to Rs 54.91 crore for the quarter ended March 31, 2011.

For the full year ended March 31, 2012 the company has posted a fall of 19.28% in its net profit at Rs 9.42 crore as compared to Rs 11.67 crore in the previous year. Total income has decreased by 1.20% at Rs 169.57 crore for year under review as compared to Rs 171.63 crore for the period ended March 31, 2011.

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