Gujarat NRE Q3 net jumps two-fold

Coke producer Gujarat NRE today said its net profit jumped two-fold to Rs 26.6 crore for the quarter ended December 31, 2009, over the same period last year.

Total income declined to Rs 321.6 crore for the third quarter ended December 31, from Rs 439.3 crore in the same period previous fiscal, Gujarat NRE Coke said in a filing to the Bombay Stock Exchange.

Shares of Gujarat NRE Coke were trading at Rs 81.05 on the BSE, up 2.66 per cent from its previous close.