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Strategies & Market Trends : India Coffee House

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To: Mohan Marette who wrote (5141)7/16/1999 9:11:00 AM
From: Mohan Marette   of 12475
 
Electrosteel Castings net jumps 61.9%

electrosteel.com

Date: 7/16/99 1:19:29 PM

Electrosteel Castings Ltd has recorded 61.90% increase of net profit in Q1 FY2000. The company recorded a net profit of Rs199.80mn compared to Rs123.40mn last year. Net sales of the company also recorded an increase during the quarter to Rs1018.80 from Rs815.90 thereby registering a rise of 24.9%. In BSE today, Electrosteel Castings scrip was trading at Rs440 up Rs10.90 since yesterday's close.
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