Date:21/01/2005 URL: http://www.thehindubusinessline.com/2005/01/21/stories/2005012102400203.htm

Back Phoenix Lamps Q3 net rises 64 pc to Rs. 3.53 cr

Our Bureau

NEW DELHI: Phoenix Lamps Ltd has posted a net profit of Rs 3.53 crore in the third quarter of the current financial year, compared to Rs 2.15 crore in the corresponding period last year, an increase of 64 per cent.

The company also recorded a rise of 40 percent in revenue to Rs 54.21 crore from Rs 38.74 crore. The company said it planned a capital expenditure of nearly Rs 15 crore for the coming fiscal with a new SEZ unit in Noida.