 "Mafatlal Ind Q1 net profit up three fold at Rs 13.05 crore")
The total income jumped from Rs 140.49 crore to Rs 222.43 crore in the period under review, a company statement said.
"Following the amalgamation, capacity expansion across the denim and fabric divisions will strengthen the company's sectoral position," MIL Chairman H A Mafatlal said.
For the year 2012-13, MIL's total income was Rs 840.38 crore, EBIDTA Rs 89.99 crore, cash profit Rs 51.60 crore and net profit at Rs 37.16 crore. The company has declared a 30 per cent dividend apart from 20 per cent special centenary dividend.
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