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Jan 30, 2013, 08.01 PM IST | Source: Moneycontrol.com

Indo Rama Synthetics turned corner with Q3 net at Rs 1.8 cr

Indo Rama Synthetics (India) reported a net profit of Rs 1.8 crore in the third quarter of financial year 2012-13 as against loss of Rs 32 crore in a year ago period.

Indo Rama Synthetics (India) reported a net profit of Rs 1.8 crore in the third quarter of financial year 2012-13 as against loss of Rs 32 crore in a year ago period.

Net sales fell by 9 percent to Rs 694.6 crore from Rs 764 crore during the same period.

Shares rose 1.79 percent to Rs 25.65 amid heavy volumes on Bombay Stock Exchange on Wednesday.

Trading volumes increased quite significantly to 1,56,914 equity shares as against five day average of 41,776 shares.

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