Balasore Alloys FY11 consolidated net rose 115 pc to Rs 27 crore
Balasore Alloys today reported a 114.62 per cent rise in its FY11 consolidated net profit at Rs 26.85 crore on higher sales.
By PTI |
NEW DELHI: Balasore Alloys today reported a 114.62 per cent rise in its FY11 consolidated net profit at Rs 26.85 crore on higher sales.
The company, which produces ferro alloys used for steel making, had recorded Rs 12.51 crore net profit in 2009-10 fiscal, it said in a communique to the Bombay Stock Exchange.
Net sales of the firm, a part of the Ispat Group, rose to Rs 638.66 crore in FY11 from Rs 415.18 crore a year ago.
The company, which produces ferro alloys used for steel making, had recorded Rs 12.51 crore net profit in 2009-10 fiscal, it said in a communique to the Bombay Stock Exchange.
Net sales of the firm, a part of the Ispat Group, rose to Rs 638.66 crore in FY11 from Rs 415.18 crore a year ago.
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