Khaitan Electricals’ Q4 net profit rises 82%

Khaitan Electricals has reported results for the quarter and the year ended March 31, 2011.

The company’s net profit for the fourth quarter has surged by 82.11% at Rs 3.97 crore as compared to Rs 2.18 crore for the corresponding quarter last year. Total income has increased by 32.14% at Rs 201.48 crore for the quarter under review from Rs 152.48 crore in the corresponding previous quarter.

The company has registered a growth of 53.48% in its net profit for FY11 at Rs 5.51 crore as compared to Rs 3.59 crore for FY10. Total income has jumped 31.36% at Rs 490.43 crore for the year from Rs 373.35 crore in previous year.