Tuesday, February 1, 2011

Alok Industries Q3 net profit up 56% at Rs 90.5 cr

Alok Industries has reported standalone net profit of Rs 90.5 crore for the quarter ended December 2010, up 56% as compared to Rs 58.1 crore in same period of last year.

Net sales rose 49% to Rs 1,612 crore from Rs 1,082 crore (YoY). EBIDTA went up by 44%at Rs 468 crore versus Rs 324 crore.

Operating profit margin declined at 28.8% versus 29.8%. Depreciation cost went up by 60.4% at Rs 145 crore versus Rs 90.4 crore.

Consumption of raw materials increased by 5% to Rs 842 crore from Rs 795 crore.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd


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