Business Standard

Sanghi Industries Q4 net up

BS Reporter  |  Mumbai/ Ahmedabad 

Gujarat-based cement company Ltd, reported a 49 times growth in for the fourth quarter ended June 30 to Rs 103.69 crore, from Rs 2.12 crore in the corresponding quarter last fiscal on the back of robust growth in net sales.

Net sales during the quarter also grew by 51 per cent on a year-on-year basis to Rs 294.22 crore, over Rs 194.46 crore in the year-before period.

For the full year ended June 30 (the company follows a July-June financial year), reported a of Rs 81.87 crore as against a loss of Rs 29.55 crore in the previous fiscal. Net sales during the year rose by 8.3 per cent to Rs 974.07 crore as against Rs 899.48 crore during last year. The earnings per share (EPS) for 2011-12 stood at Rs 3.72 as against a negative EPS of Rs -1.34 in previous year.

Commenting on the financial performance of the company, Alok Sanghi, director of Ltd. said, “This year we reported a decent profit to come back in the black.”

RECOMMENDED FOR YOU

Sanghi Industries Q4 net up

Gujarat-based cement company Sanghi Industries Ltd, reported a 49 times growth in net profit for the fourth quarter ended June 30 to Rs 103.69 crore, from Rs 2.12 crore in the corresponding quarter last fiscal on the back of robust growth in net sales.

Gujarat-based cement company Ltd, reported a 49 times growth in for the fourth quarter ended June 30 to Rs 103.69 crore, from Rs 2.12 crore in the corresponding quarter last fiscal on the back of robust growth in net sales.

Net sales during the quarter also grew by 51 per cent on a year-on-year basis to Rs 294.22 crore, over Rs 194.46 crore in the year-before period.

For the full year ended June 30 (the company follows a July-June financial year), reported a of Rs 81.87 crore as against a loss of Rs 29.55 crore in the previous fiscal. Net sales during the year rose by 8.3 per cent to Rs 974.07 crore as against Rs 899.48 crore during last year. The earnings per share (EPS) for 2011-12 stood at Rs 3.72 as against a negative EPS of Rs -1.34 in previous year.

Commenting on the financial performance of the company, Alok Sanghi, director of Ltd. said, “This year we reported a decent profit to come back in the black.”

image
Business Standard
177 22

Sanghi Industries Q4 net up

Gujarat-based cement company Ltd, reported a 49 times growth in for the fourth quarter ended June 30 to Rs 103.69 crore, from Rs 2.12 crore in the corresponding quarter last fiscal on the back of robust growth in net sales.

Net sales during the quarter also grew by 51 per cent on a year-on-year basis to Rs 294.22 crore, over Rs 194.46 crore in the year-before period.

For the full year ended June 30 (the company follows a July-June financial year), reported a of Rs 81.87 crore as against a loss of Rs 29.55 crore in the previous fiscal. Net sales during the year rose by 8.3 per cent to Rs 974.07 crore as against Rs 899.48 crore during last year. The earnings per share (EPS) for 2011-12 stood at Rs 3.72 as against a negative EPS of Rs -1.34 in previous year.

Commenting on the financial performance of the company, Alok Sanghi, director of Ltd. said, “This year we reported a decent profit to come back in the black.”

image
Business Standard
177 22

Upgrade To Premium Services

Welcome User

Business Standard is happy to inform you of the launch of "Business Standard Premium Services"

As a premium subscriber you get an across device unfettered access to a range of services which include:

  • Access Exclusive content - articles, features & opinion pieces
  • Weekly Industry/Genre specific newsletters - Choose multiple industries/genres
  • Access to 17 plus years of content archives
  • Set Stock price alerts for your portfolio and watch list and get them delivered to your e-mail box
  • End of day news alerts on 5 companies (via email)
  • NEW: Get seamless access to WSJ.com at a great price. No additional sign-up required.
 

Premium Services

In Partnership with

 

Dear Guest,

 

Welcome to the premium services of Business Standard brought to you courtesy FIS.
Kindly visit the Manage my subscription page to discover the benefits of this programme.

Enjoy Reading!
Team Business Standard