Friday, January 29, 2010

Orbit Corp Q3 net profit up at Rs 32 cr

Orbit Corporation has declared its third quarter results. It has reported consolidated net profit of Rs 32 crore versus Rs 24.9 crore, on quarter-on-quarter basis (QoQ).

Consolidated net sales rose to Rs 149.6 crore from Rs 140.7 crore (QoQ).

Orbit Corporation sold 21.6% stake in Mandwa SPV to IL&FS for Rs 165 crore.
Source: CNBC-TV18
Courtesy moneycontrol.com








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