It is jubilation-time for gas cylinder manufacturer, Everest Kanto. The company reported a consolidated net profit of Rs 29 crore in the first quarter of this fiscal against a loss of Rs 10.6 crore in the corresponding quarter of the previous year.
Speaking to CNBC-TV18 in an exclusive interview, Prem Khurana, chairman and managing director of Everest Kanto Cylinders, says that net sales shot up over 54% for the company that buoyed up profits.
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