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Wednesday, August 01, 2001

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Sathavahana Ispat net profit at Rs 77.93 lakh

HYDERABAD: Sathavahana Ispat Ltd (SIL) has registered a significant growth both in sales turnover and net profit for the first quarter of current fiscal year ended June 30, 2001.

The company achieved a sales turnover of Rs 22.59 crore (Rs 17.44 crore) and a net profit of Rs 77.93 lakh (Rs 45.02 lakh) on an equity base of Rs 26.29 crore.

For the year ended March 31, 2001, it had a net profit of Rs 3.07 crore on a sales turnover of Rs 89.52 crore with reserves amounting to Rs 15.58 crore. -- Our Bureau

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