Shri Lakshmi Cotsyn Q3 net profit up 73%; share up 3.2%

Shri Lakshmi Cotsyn’s October-December net profit shot up 72.70 per cent to Rs 16.32 crore from Rs 9.45 crore in the same quarter of previous year. Net sales increased 84.51 per cent to Rs 232.47 crore against Rs 125.99 crore a year ago.

By INDIATIMES NEWS NETWORK | Jan 16, 2008, 12.20 PM IST

MUMBAI: Shri Lakshmi Cotsyn’s October-December net profit shot up 72.70 per cent to Rs 16.32 crore from Rs 9.45 crore in the same quarter of previous year. Net sales increased 84.51 per cent to Rs 232.47 crore against Rs 125.99 crore a year ago.

The strong performance saw the company’s shares shoot up 3.18 per cent to Rs 155.55 on BSE, at 11:58 am, despite the broad market trading weak.

Not making enough money in stocks? Click here for real-life stories of successful investors.

Too busy to trade in stocks? Invest in Mutual Funds with ET Money!