Business Line :
Chennai, July 31 2001.

The company has reported a net profit of Rs.15.34 crore for the quarter ended June 30.

This figure represents a rise of over 11 per cent on the net profit of Rs 3.61 crore posted during the same period last year.

Total expenditure almost doubled to Rs.10.60 crore (Rs 5.61 crore). While interest cost went upto Rs.9.41 lakh (Rs.0.61 lakh).

Depreciation accounted for Rs 59.34 lakh (Rs 27.37 lakh), while the paid - up equity share capital stood at Rs. 3 crore (Rs 2.99 crore).

For the year ended March 31, 2001, the company reported a net profit of Rs 15.20 crore on a turn over of Rs. 47.37 crore.



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