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Elgi Rubber reports 8% jump in Q3 net profit

25 Jan 2013 Evaluate

Elgi Rubber Company has reported results for third quarter ended December 31, 2012.

The company has reported a rise of 8.23% at Rs 2.50 crore for the quarter as compared to Rs 2.31 crore for the same quarter in the previous year. Total income from operations of the company has increased 20.23% at Rs 37.86 crore for quarter under review as compared to Rs 31.49 crore for the quarter ended December 31, 2011.

Elgi Rubber Company is engaged in manufacturing procured tyre treads, cushion compounds, cement, envelopes, etc.

Peers
Company Name CMP
Apcotex Inds 402.05
Pix Transmission 1519.70
GRP 1968.00
Harrisons Malayalam 212.95
Tinna Rubber & Infra 717.00
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