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Vimal Oils net sales up by 46.22% to Rs 181.96cr
Vimal Oils net profit, sales income show healthy rise. The Company has achieved a net profit of Rs 2.04 crores during the period compared to Rs 1.67 crores during April-June 2007 reflecting a growth of 21.86%.
Vimal oil & Foods Limited has recorded strong growths in profit after tax and net sales income during the first quarter of the current year ended June 30, 2008.
According to un-audited results approved for the period by the company's board, The Company has achieved a net profit of Rs 2.04 crores during the period compared to Rs 1.67 crores during April-June 2007 reflecting a growth of 21.86%.
During the period the net sales income totaled Rs 181.96 crores compared to Rs 124.44 crores registered during the first quarter of last year ended June 30, 2007, an increase of 46.22%.
The basic and diluted earnings for the period, for the year to date and for the previous year to date and for the previous year (not to be annualized) has gone up to Rs 4.49 compared to Rs 3.68 in the same period last year.