Tips Industries saw a turnaround in net profit at Rs 6 crore for quarter-ended March 2011 as against a loss of Rs 6 crore for the same period last year. Its net sales rose 35% at Rs 27 crore versus Rs 20 crore, year-on-year.
The EBITDA came in at Rs 7 crore while the operating profit margin was at 28%.
In an interview with CNBC-TV18, Kumar S Taurani, chairman and managing director of Tips Industries, spoke about the company
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