Shri Krishna Devcon’s Q4 net profits widens by 24%

Shri Krishna Devcon has reported results for the period ended March 31, 2012.

The Company net profit grew by 24.04% at Rs 65.62 lakhs for the quarter ended March 31, 2012 as compared to net profit of Rs 52.90 lakhs for the corresponding quarter of the previous year. Company’s net sales zoomed by 221% to Rs 523.07 lakhs for the quarter ended March 31, 2012 from Rs 162.95 lakhs for the quarter ended March 31, 2011.

For the Year ended March 31, 2012, the Company’s net profit rose by 32.82% of Rs 94.59 lakhs as compared to Rs 71.21 lakhs for the year ended March 31, 2011. Its net sales marginally rose by 0.19% to Rs 1042.95 lakhs for the year ended March 31, 2012 from Rs 1040.93 lakhs in the previous fiscal.