Results     26-Nov-11
Announcements
ISGEC Heavy Engineering net profit rises 28.85% in the September 2011 quarter
Sales rise 52.47% to Rs 809.84 crore
Net profit of ISGEC Heavy Engineering (formerly known as Saraswati Industrial Syndicate) rose 28.85% to Rs 22.42 crore in the quarter ended September 2011 as against Rs 17.40 crore during the previous quarter ended September 2010. Sales rose 52.47% to Rs 809.84 crore in the quarter ended September 2011 as against Rs 531.15 crore during the previous quarter ended September 2010.

For the audited full year, net profit declined 8.42% to Rs 75.12 crore in the year ended September 2011 as against Rs 82.03 crore during the previous year ended September 2010. Sales rose 33.84% to Rs 2328.60 crore in the year ended September 2011 as against Rs 1739.88 crore during the previous year ended September 2010.

ParticularsQuarter EndedYear Ended
 Sep. 2011Sep. 2010% Var.Sep. 2011Sep. 2010% Var.
Sales809.84531.15 52 2328.601739.88 34
OPM %4.615.79 -20 5.967.58 -21
PBDT43.6634.70 26 145.90146.06 0
PBT33.4526.13 28 107.81115.32 -7
NP22.4217.40 29 75.1282.03 -8

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