Nov. 12, 2010 - IFGL Refractories announced a phenomenon drop in standalone net profit for the quarter ended September 2010. During the quarter, the profit of the company declined 47.88% to Rs 19.70 million from Rs 37.80 million in the same quarter last year.
Net sales for the quarter rose 39.64% to Rs 536.20 million, while total income for the quarter rose 39.52% to Rs 535.90 million, when compared with the prior year period.
It posted earnings of Rs 0.57 a share during the quarter, registering 47.71% decline over prior year period.
Net sales for the quarter rose 39.64% to Rs 536.20 million, while total income for the quarter rose 39.52% to Rs 535.90 million, when compared with the prior year period.
It posted earnings of Rs 0.57 a share during the quarter, registering 47.71% decline over prior year period.
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