Birla Cotsyn's Q3 Results

Birla Cotsyn, part of the Rs 3,000 crore Yash Birla Group conglomerate, has posted a revenue (unaudited) of Rs 9710.05 lakhs for the quarter ended December 31st, 2009.

Segment-wise, revenues from Trading stood at Rs 6057.06 lakhs compared to Rs 2539.56 lakhs in the corresponding quarter last year, while revenues from Textile segment for the same quarter jumped to Rs 3652.99 lakhs from Rs 2163.25 lakhs. The company reported profit after tax (PAT) of Rs 232.98 lakhs in the third quarter ended December 31st, 2009, as against Rs (182.68) lakhs in the corresponding quarter last year.

Revenues from Textile segment for the nine months jumped to Rs 9115.25 lakhs from Rs 5172.10. The company reported profit after tax (PAT) of Rs 519.46 as against Rs (142.45) in the corresponding year.

ABOUT BIRLA COTSYN:

Birla Cotsyn produces high quality synthetic, blended ring spun yarns & 100% cotton yarn for usage in Woven and Knitted Fabrics, Textiles, Blankets, Towels, Upholstery, Furnishings, Curtains, Bed Sheets, Made-up and Industrial Fabrics. The product mix includes a wide range of products like 100% Viscose Yarn, Polyester/Viscose Blended Yarn, 100% Polyester Yarn, Knitting & Sewing Threads, Acrylic/Polyester Blended Yarn, 100% Acrylic Yarn, 100% Polypropylene Yarn, Fancy Effect Yarns, Injection /Slub /Silk / Flex and other natural fibers.