Register to Subscribe



Home arrow News arrow Business News arrow Shanthi Gears registers Rs 40.22 crore net sales in Q1 FY 2011
Shanthi Gears registers Rs 40.22 crore net sales in Q1 FY 2011 Print E-mail
Written by Krishna Kumar   
Tuesday, 12 July 2011
Coimbatore: Shanthi Gears has registered net sales/income from operations of Rs 40.22 crore for the quarter ending June 30, 2011, according to the unaudited financial results for the quarter. The company had registered net sales of Rs 32.54 crore during the same period last year.

The consumption cost of raw materials for the quarter nearly doubled from Rs 7.68 crore in Q1 FY 2010 to Rs 14.75 crore in Q1 FY 2011. However, net profit in the first quarter of current fiscal was higher at Rs 7 crore compared to Rs 5.95 crore in Q1 FY 2010.

The employee cost for the quarter also went up to Rs 6.46 crore compared to Rs 4.15 crore during the same period last year.

The Earnings Per Share (face value Re 1) (EPS) went up from Re 0.73 in Q1 FY 2010 to Re 0.86 in Q1 FY 2011.

 
Related news
More recent
Earlier on
< Prev   Next >

Sponsors

Mazak - The world's largest machine tool builder
JYOTI - India's most dynamic machine builder
TaeguTec - Cost effective tooling solutions
Advertisement

<< SHARE

Social

AD

Subscribe

Subscribe to MACHINIST by Email

Search

 
RSS 1.0
© 2019 MACHINIST
This site is best viewed with Firefox 2.0 or higher at a minimum screen resolution of 1024x768