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Neo Corp International reports 11% rise in Q1 net profit

17 Aug 2012 Evaluate

Neo Corp International has reported results for first quarter ended June 30, 2012.

The company has reported a rise of 11.34% in its net profit at Rs 4.81 crore for the quarter under review as compared to a net profit of Rs 4.32 crore for the same quarter in the previous year. The total income from operation of the company has increased by 48.73% at Rs 89.88 crore for Q1FY13 as compared Rs 60.43 crore for the corresponding quarter previous year.

Neo Corp International is engaged in making tailor designed products under Packtech. It reached the status of a fore-runner internationally as a reliable supplier of Packtech products.

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