Mirc Electronics Q4 PAT up 28%
Mirc Electronics on Tuesday posted a 28.28 per cent increase in Profit After Tax (PAT) of Rs 5.17 crore for the quarter ended March 31, as compared to Rs 4.03 crore for the same quarter last year.
By PTI |
MUMBAI: Mirc Electronics on Tuesday posted a 28.28 per cent increase in Profit After Tax (PAT) of Rs 5.17 crore for the quarter ended March 31, as compared to Rs 4.03 crore for the same quarter last year.
The total income of the company (net of excise) grew 35.69 per cent to Rs 395.18 crore for the quarter ended March 31, from Rs 291.22 crore for the corresponding quarter a year ago, Mirc Electronics informed the Bombay Stock Exchange.
The board of directors, at its meeting on Tuesday, has re-designated Vijay J Mansukhani, as Managing Director of the company with immediate effect. The appointment would be subject to the approval of shareholders at the ensuing Annual General Meeting the company.
For the year ended March 31, the company posted a PAT of Rs 34.12 crore as compared to Rs 32.79 crore for the period under consideration last year and the total income (net of excise) grew to Rs 1,517.97 crore from Rs 1,224.96 crore.
The group reported a PAT of Rs 35.03 crore for the year ended March 31, as compared to Rs 26.44 crore a year ago and the total income (net of excise) increased to Rs 1,536.18 crore from Rs 1,237.87 crore.
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