Medical equipment manufacturer Opto Circuits has
reported a better than expected growth of 88.3% year-on-year in its
consolidated profit after tax of Rs 209 crore for the fourth quarter of FY12.
The company received a tax writeback of Rs 77 crore during
the quarter.
Consolidated net sales went up 21.76% to Rs 663 crore in the
quarter ended March 2012 as against Rs 544.5 crore in a year ago period.
Analysts on average had expected net profit at Rs 114 crore
and net sales of Rs 622.3 crore.
Source: www.moneycontrol.com
Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd
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