Results Tuesday, August 31, 2010 11:12 Hrs IST

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ANNOUNCEMENTS

MVL Industries net profit rises 407.41% in the June 2010 quarter

Sales rise 63.66% to Rs 122.22 crore

Net profit of MVL Industries rose 407.41% to Rs 9.59 crore in the quarter ended June 2010 as against Rs 1.89 crore during the previous quarter ended June 2009. Sales rose 63.66% to Rs 122.22 crore in the quarter ended June 2010 as against Rs 74.68 crore during the previous quarter ended June 2009.

For the audited full year, net profit rose 63.60% to Rs 16.00 crore in the year ended June 2010 as against Rs 9.78 crore during the previous year ended June 2009. Sales rose 23.30% to Rs 437.51 crore in the year ended June 2010 as against Rs 354.82 crore during the previous year ended June 2009.

ParticularsQuarter EndedYear Ended
 Jun. 2010Jun. 2009% Var.Jun. 2010Jun. 2009% Var.
Sales122.2274.68 64 437.51354.82 23
OPM %14.879.08 64 9.308.18 14
PBDT9.602.47 289 19.7812.88 54
PBT9.452.34 304 19.2012.37 55
NP9.591.89 407 16.009.78 64

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