TIL FY11 net up marginally at Rs 60 cr

TIL today reported consolidated net profit of Rs 60.20 crore for the year ended 2010-11, up 1.12% over the previous year.

The sales was Rs 1,375.13 crore during the year, compared to Rs 1,054.57 crore registered in the previous year, a statement here said.

TIL on a standalone basis posted a decline of 33% in net profit to Rs 31.20 crore for the year under review.