Gujarat NRE Coke has reported 95% rise in its first quarter FY12 profit after tax of Rs 39 crore as against Rs 20 crore in a year ago period.
EBITDA too jumped 45% to Rs 110 crore from Rs 76 crore and EBITDA margin improved at 25.2% as against 16.8% on year-on-year basis.
Net sales went down 3.5% at Rs 436 crore from Rs 452 crore. Total expenditure was down by 13% at Rs 339 crore from Rs 388 crore.
Source: www.moneycontrol.com
Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd
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