BSL reports 14.71% rise in Q4 net profit

BSL has reported results for fourth quarter ended March 31, 2012.

On standalone basis, the company has posted a rise of 14.71% in its net profit at Rs 1.56 crore for the quarter ended March 31, 2012 as compared to Rs 1.36 crore for the same quarter in the previous year. Total income has increased by 1.55% at Rs 78.85 crore for quarter under review as compared to Rs 77.65 crore for the quarter ended March 31, 2011

BSL is a part of the LNJ Bhilwara group. The group has presence in diversified sectors including textile, power, electrodes, IT services with net worth more than Rs 3,000 crore as on March 31, 2011. BSL is one of the leading domestic manufacturers of yarn and fashion fabrics, marketing its products under various renowned brand names such as ‘BSL Suitings’, ‘Geoffrey Hammonds’ and ‘La- Italia’.