Piramal Glass Q4 net profit up at Rs 36 cr

Piramal Glass has declared its fourth quarter results. The company's Q4 net profit was up at Rs 36 crore versus Rs 11 crore.

Operating EBIDTA for Q4 FY2011 increased by 51% to Rs 90 crores compared to Rs 60 crores for the same period previous year.

The company’s operating EBIDTA margins have been increased to 28% - an improvement of 630 bps for Q4 FY2011.

For the financial year ending March 2011, PGL has reported a jump in its net profit to Rs.103.3 crores compared to Rs.3 crores for the year ending March 2010. For the same period, company posted a revenue jump of 10.4% to Rs 1218 crores from Rs 1104 crores, while the Operating EBIDTA increased by 39% from Rs 221 crores to reach Rs 307 crores.


Source: www.moneycontrol.com

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Gaurav Agarwal
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DENIP Consultants Pvt Ltd