Zenith Birla Profits 180% in Q2FY10

Zenith Birla (India) Ltd., the flagship company of the Yash Birla Group, has posted an impressive 180% rise in profit before tax (PBT) to Rs 6.73 crore for the second quarter ended September 30, 2009, as against Rs 2.41 crore in the corresponding quarter a year ago.

The company’s EBDITA surged 27% to Rs 8.40 crore in the current quarter as against Rs 6.61 crore in the corresponding quarter a year go. Profit after tax jumped to Rs 4.48 crore from Rs 1.54 crore.

Zenith Birla (India) Limited, together with its subsidiaries, manufactures and sells steel pipes and cutting tools in India. Its steel pipes are used in various applications, including water and gas, line pipes, structural pipes, conveyor idlers, bore well casings, scaffolding tubes, electric poles, telecommunications, conduits, precision tubes.

About Yash Birla Group
The Yash Birla Group is an INR 30 Billion conglomerate of over 20 diversified companies which run the gamut from established sectors like Auto & Engineering, Textiles & Chemicals and Power & Electricals to emerging sectors of today like Wellness & Lifestyle, Education & IT. Today the group has 9 listed entities in India.