Gandhi Special Tubes reports 7% rise in Q4 net profit

Gandhi Special Tubes has reported results for fourth quarter and year ended March 31, 2012.

On standalone basis, the company has posted a rise of 6.77% in its net profit at Rs 6.94 crore for the quarter ended March 31, 2012 as compared to Rs 6.50 crore for the same quarter in the previous year.  Total income has increased by 7.97% at Rs 26.55 crore for quarter under review as compared to Rs 24.59 crore for the quarter ended March 31, 2011.

For the full year ended March 31, 2012, the company has posted a rise of 13.39% in its net profit at Rs 29.81 crore for the year ended March 31, 2012 as compared to Rs 26.29 crore for the same period in the previous year. Total income has increased by 15.48% at Rs 106.52 crore for year under review as compared to Rs 92.24 crore for the period ended March 31, 2011.