Sangam's expansion costs up - to install 40 weaving machines
13 Feb '06
2 min read
Sangam has posted a 62.65 per cent rise in net profit at Rs 6.75 crore for the third quarter ended December 31, 2005 as compared to Rs 4.15 crore in the corresponding quarter previous year. Net sales rose 6.23 percent to Rs 82.65 crore compared to Rs 77.80 crore during the same quarter previous year.
Sangam (India) Ltd (SIL) is a flagship company of the SANGAM GROUP, was promoted under the name and style of Arun Synthetics Pvt. Ltd and started operations in 1985.