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Lloyds Steel Industries reports net profit of Rs 26.52 crore in Q2 net

07 Nov 2012 Evaluate

Lloyds Steel Industries has reported results for second ended September 30, 2012.

The company has reported a net profit of Rs 26.52 crore for the quarter ended September 30, 2012 as compared to a net loss of Rs 59.95 crore for the same quarter in the previous year. However, total income of the company has increased by 33.62% at Rs 1499.78 crore for quarter under review as compared to Rs 1122.43 crore for the quarter ended September 30, 2011.

Lloyds Steel Industries is engaged in designing and fabrication of various chemical, pharmaceutical and other machinery and structural such as air/gas/liquid structural, distillation columns, heat exchangers, LPG bullets, pressure vessels, reactors, tanks and road tankers and manufacture of steel pipes and tubes and steel castings.

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