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KSL Q2 net profit up by 45.28%

19 Oct '07
1 min read

KSL And Industries Ltd a Saurabh Kumar Tayal Enterprise, has reported a 45.28 percent increase in the Net Profit at Rs 15.64 crore for the quarter ended September 30, 2007 against Rs 10.77 crore in the corresponding quarter of the previous year.

The company has reported an increase of 28.69 percent in Net Sales at Rs 160.70 crore during the second quarter ended 30 September 2007 as against Rs 124.88 crore during the previous corresponding quarter ended September 30 2006. The EPS of the company stands at Rs 1.6 per share not annualized for a face value of Rs. 4/- per share.

Announcing the results, KSL And Industries Ltd's Chairman Mr Saurabh Kumar Tayal said, “Our focused approach in textiles and real estate businesses is helping us in maintaining the consistent performance on a year-on-year basis.”

The company's real estate project in Nagpur known as 'Empress City' is progressing as per schedule. The other projects are also progressing as planned. Besides, KSL has identified around 14 locations across the country for developing real estate projects.

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KSL & Industries Ltd

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