Vadilal Q1 net up 59%

Ahmedabad based ice-cream maker Vadilal Industries has posted a 59 per cent jump in net profit for the first quarter of the fiscal ended June 30, 2012 to Rs 13.78 crore, against Rs 8.66 crore in the corresponding quarter of previous fiscal on the back of strong sales. Net sales of the company during the quarter under review grew by 25 per cent to Rs 133.37 crore, as compared to Rs 106.75 crore in the year-before period.