Orient Refractories reports 27% rise in Q2 net profit

RHI Magnesita India Ltd. | Refractories | Capital Goods & Industrial Consumables | BSE: 534076 | NSE: RHIM

28 Oct 2013 Evaluate

Orient Refractories has reported results for second quarter ended September 30, 2013.

The company has reported 27% jump in its net profit after tax at Rs 13.36 crore for the quarter as compared to Rs 10.52 crore for the same quarter in the previous year. Total income from operation of the company has increased by 6.56% at Rs 97.15 crore for quarter under review as compared to Rs 91.17 crore for the quarter ended September 30, 2012.

Orient Refractories (ORL) is a new entity spun out of Orient Abrasives (OAL) and is engaged in manufacturing refractories and monolithics.

Peers

Company Name	CMP
RHI Magnesita India	368.25
IFGL Refractories	195.70
Orient Ceratech	46.39
Raghav Productivity	1648.10
Foseco Crucible (I)	2017.25
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