Sanghi Industries has reported results for fourth quarter ended June 30, 2012.
On standalone basis, the company has reported a rise of 4791.04% in its net profit at Rs 103.69 crore for the quarter, as compared to Rs 2.12 crore for the same quarter in the previous year. Total income of the company has increased by 51.30% to Rs 294.22 crore for the quarter under review as compared to Rs 194.46 crore for the quarter ended June 30, 2011.
Sanghi Industries was initially established with the aim of manufacturing PVC foam leather cloth. Thereafter, it had extended its production process to items like PVC self adhesive tapes, tarpaulins, and cements. Now it is India’s largest single steam cement plant.