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Ennore Foundries net up 16 p.c.

CHENNAI: Ennore Foundries has posted a net profit of Rs. 6.66 crore during the fourth quarter ended March 31, 2007, as compared to Rs. 4.63 crore in the corresponding quarter of the previous fiscal. Addressing a press conference here on Thursday, V. Mahadevan, Managing Director, said total revenue for the fourth quarter was up 30 per cent at Rs. 110.67 crore (Rs. 84.89 crore). For the whole of 2006-07, the net profit was up 16 per cent at Rs. 16.16 crore (Rs. 13.96 crore). Total revenue for the year under review registered a 19 per cent growth at Rs. 398.12 crore (Rs. 335.54 crore).

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