Sadbhav Engg Q3 net profit up 61.5% at Rs 42 cr

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Sadbhav Engg Q3 net profit up 61.5% at Rs 42 cr

Sadbhav Engineering has reported stellar performance in the October-December quarter of FY12. Its net profit jumped 61.5% to Rs 42 crore as against Rs 26 crore in a year ago quarter.

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Sadbhav Engineering has reported stellar performance in the October-December quarter of FY12. Its net profit jumped 61.5% to Rs 42 crore as against Rs 26 crore in a year ago quarter.

Income from operations moved up 52% to Rs 724 crore from Rs 476 crore year-on-year.

At 12:26 hours IST, the share was trading at Rs 135.20, up 5.71%.

Trading volumes jumped 805% to 98,743 shares as compared to its 5-day average of 10,913 shares. Market capitalisation stands at Rs 2,031.84 crore.