Net sales for the quarter stood at Rs 459.47 crore against Rs 422.12 crore in the similar quarter of the previous year despite competitive market conditions and depressed economic scenario, the company informed in a statement issued after the results announcement on Thursday. "The company has achieved highest ever net sales of Rs 1,794.31 crore for the year ended on March 2013 against Rs 1,698.22 crore previous year," said M S Dagur, MD, GACL.
The net profit for the fiscal 2012-13 was Rs 235.35 crore, up 53.21 per cent against Rs 153.61 crore the previous year.
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