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Siyaram reports surge in Q4 F11' profits
May '11
Mumbai-based Siyaram Silk Mills reported a surge in net profits in the quarter ended March 2011 of fiscal 2010-11.

Net profit increased 22.58 percent to Rs 187.10 million, when corresponded with the quarter of the previous fiscal year.

Net sales in the same quarter grew 30.20 percent to Rs 2,449 million.

Siyaram is a vertically integrated textile company, producing over four million meters of fabrics per month.

Fibre2fashion News Desk - India

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