Tuesday, February 14, 2012

Neyveli Lignite Q3 net profit up 92.5% at Rs 185 cr

Neyveli Lignite Corporation reported a net profit of Rs 184.94 crore in the October-December quarter of FY12, a growth of 92.5% as compared to Rs 96.07 crore in a year ago quarter.

Net sales rose 20.3% to Rs 1,045.99 crore from Rs 869.21 crore year-on-year.

Numbers were less than analysts' expectations; CNBC-TV18 poll saw a profit after tax of Rs 199 crore and net sales of Rs 1,069 crore.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

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