Ushdev International's Q1 net up 24%

Consolidated sales shot up by 27% to Rs 2045.08 crore for quarter

Metals trading firm Ushdev International Ltd reported 24% rise in its consolidated net profit at Rs 29.81 crore for the first quarter ended June 30, 2013 as compared to Rs 23.94 crore in the corresponding period previous year.

Consolidated sales of the company shot up by 27% to Rs 2045.08 crore for the quarter as compared to Rs 1,604.97 crore in the same period last year.