Batliboi gears up on robust second quarter results

DALAL STREET SPIKES

The Batliboi Ltd scrip leaped up 6.62 per cent to Rs 93.45 after the company's net profit for the quarter September 2005 jumped 89.8 per cent to Rs 3.19 crore as compared with Rs 1.68 crore for the corresponding quarter in the previous year.

Net sales rose 25.8 per cent to Rs 25.48 crore from Rs 20.25 crore reported in Q2 2004.

The company operates in four business segments: textile engineering, machine tools, air-conditioning and refrigeration.