Moneycontrol
Last Updated : Apr 25, 2011 07:22 PM IST | Source: CNBC-TV18

Stride Arcolab targets Rs 2200cr revenue in 2011

Stride Arcolab has declared its first quarter results. The company's Q1 consolidated net profit was up 2.26% at Rs 40.7 crore versus Rs 39.8 crore. For 2011, he says, “A median EBITDA of 21% is the one we are looking at the increased sales of Rs 2,200 crore.”


Stride Arcolab has declared its first quarter results. The company's Q1 consolidated net profit was up 2.26% at Rs 40.7 crore versus Rs 39.8 crore.


Its consolidated net sales were up 30.25% at Rs 486.5 crore versus Rs 373.5 crore.

In an interview with CNBC-TV18, TS Rangan, Group CFO, Strides Acrolab says, the top-line has grown by 31%.

First Published on Apr 25, 2011 04:43 pm