Aro Granite Industries reports over 3-fold surge in Q4 net profit

20 Apr 2013 Evaluate

Aro Granite Industries has reported results for the fourth quarter and year ended March 31, 2013

The company has reported 3-fold jump in its net profit at Rs 5.03 crore for the quarter ended March 31, 2013 as compared to Rs 1.70 crore for the same quarter in the previous year. Total income of the company has increased by 26.60% at Rs 52.45 crore for quarter under review as compared to Rs 41.43 crore for the quarter ended March 31, 2012.

For the year ended March 31, 2013, on the consolidated basis, the company has posted a fall of 22.04% in its net profit at Rs 8.77 crore as compared to Rs 11.25 crore for the same period in the previous year. Total income decreased by 14.98% at Rs 159.20 crore for year under review as compared to Rs 187.25 crore for the period ended March 31, 2012.

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