Tuesday, May 22, 2012

Opto Circuits Q4 beats estimates, PAT up 88% to Rs 209 cr


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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