In the fourth quarter of fiscal 2010-11, Mumbai based Sarla Performance Fibers has reported a net profit of Rs 30.30 million, up 19.83 percent from the same quarter of 2009-10.
Net sales in the reported period too rose to Rs 444.05 million from Rs 353.44 million, an increase of 25.64 percent from the corresponding period of the previous fiscal.
Sarla Performance Fibers - formerly known as Sarla Polyester Limited is a 100% EOU company, engaged in the manufacturing and export of polyester and nylon textured, twisted and dyed yarns, covered yarns, high tenacity yarns and sewing thread.
Sarla manages and operates three plants – two in Silvassa and one in Vapi.