Prakash Industries reports 39% rise in Q3 net profit

Prakash Industries Ltd. | Steel & Iron Products | Metals & Mining | BSE: 506022 | NSE: PRAKASH

14 Jan 2019 Evaluate

Prakash Industries has reported results for third quarter ended December 31, 2018.

The company has reported a rise of 39.44% in its net profit at Rs 141.32 crore for the quarter under review as compared to Rs 101.35 crore for the same quarter in the previous year. Total income of the company increased by 41.49% at Rs 1,029.30 crore for Q3FY19 as compared Rs 727.48 crore for the corresponding quarter previous year.

Prakash Industries is an integrated steel and power company. Its products include coal mines, iron ore mines, sponge iron, power, steel melting shop and ferro alloys.

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