Linc Pens net up 22%

Linc Pens has registered net profit of Rs 3.05 crore for quarter ended September 30, 2010, an increase of 22.58 per cent over the same period last year. Net sales also saw an increase and grew by 14.4 per cent to Rs 60.77 crore. “Our performance has been steadily improving, having growth of about 14 per cent, which is reasonable considering the industry growth rate of 7 to 8 per cent. We are still aiming at a higher growth in the coming quarters”, said Deepak Jalan, managing director, Linc Pen and Plastics.