In an interview to CNBC-TV18, Vipul Mathur, VP sales and marketing of MIRC Electronics says, the LCD, LED segment is showing consistent growth.
MIRC Electronics reported net profit of Rs 9.71 crore in quarter ended March 2011 against Rs 5.19 crore YoY. The company's sales rose to Rs 574.31 crore compared to Rs 393.41 crore YoY.
In an interview with CNBC-Tv18, Gulu L Mirchandani, CMD of Mirc Electronics said, "We have been under pressure for all our products including plastics because, prices of everything related to oil is going up and inflation has been there. There is no choice but to raise the price by nearly 5%."