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KLTL reports net profit of Rs 1.47 cr for Q2
01 Nov '06
1 min read
Krishna Lifestyle Technologies Limited, KLTL, a Navin Kumar Tayal Enterprise, has posted a net profit of Rs 1.47 crores for the second quarter ended September 30, 2006 against a loss of Rs 4.36 crores in the corresponding quarter of the previous year.
The company has reported an increase of 171.87 percent in its net sales at Rs 110.75 crores during the second quarter ended 30 September, 2006 as against the net sales of Rs 40.74 crores during the previous corresponding quarter ended September 30, 2005.
The company has registered an impressive growth in its net profit in the first six months of this fiscal at Rs 2.62 crores against a loss of Rs 5.41 crores in the corresponding period last year.
About the turnaround of the company, KLTL Chairman Mr Navin Kumar Tayal said, “After some years in red, the company is once again on a sound financial footing. With the world textile market wide open, the company's future looks excellent”.
Click here to view KLTL Q2 results 2006.
The company has reported an increase of 171.87 percent in its net sales at Rs 110.75 crores during the second quarter ended 30 September, 2006 as against the net sales of Rs 40.74 crores during the previous corresponding quarter ended September 30, 2005.
The company has registered an impressive growth in its net profit in the first six months of this fiscal at Rs 2.62 crores against a loss of Rs 5.41 crores in the corresponding period last year.
About the turnaround of the company, KLTL Chairman Mr Navin Kumar Tayal said, “After some years in red, the company is once again on a sound financial footing. With the world textile market wide open, the company's future looks excellent”.
Click here to view KLTL Q2 results 2006.
Krishna Lifestyle Technologies Limited
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