Sanghi Industries has reported results for second quarter ended December 31, 2012.
The company has reported over seven fold jump in its net profit at Rs 21.59 crore for the quarter as compared to Rs 3.02 crore for the same quarter in the previous year. Total income from operation of the company has increased by 26.07% at Rs 286.34 crore for quarter under review as compared to Rs 227.12 crore for the quarter ended December 31, 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.