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Visaka Industries Q1 net profit up 136 per cent

HYDERABAD: City-based Visaka Industries Limited has reported a net profit after tax of Rs. 9.19 crore for the quarter ended June 30, 2006, against Rs. 3.90 crore as on June 30, 2005, an increase of 136 per cent. At a press conference here on Friday to announce Q 1 results, G. Vivekanand, Managing Director, said earnings per share for the first half had gone up to Rs. 8.46 from Rs. 3.57 last year, an increase of 137 per cent. Net sales and income from operations in the period were Rs. 115.59 crore against Rs. 77.92 crore last year, an increase of 48.33 per cent.

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