Pricol back in black with Rs 6.29 cr profit

Pricol has reported a net profit of Rs 6.29 crore for the quarter ended September 30, 2009 as compared to net loss of Rs 8.10 crore, a year ago.

The company had said that increase in imported raw materials and components prices due to adverse exchange rate flucuation has affected the profits for the half year.

The company's total income rose to Rs 185.51 crore from Rs 166.63 crore, an increase of 11 per cent.