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Home arrow News arrow Business News arrow Shanthi Gears records Net sales of Rs 41.68 crore for Q2 FY 2011
Shanthi Gears records Net sales of Rs 41.68 crore for Q2 FY 2011 Print E-mail
Written by Krishna Kumar   
Tuesday, 01 November 2011
Mumbai: Shanthi Gears reported net profit of Rs 7.12 crore for quarter ended September 2011 as against Rs 6.37 crore in the same quarter last fiscal. The company achieved net sales of Rs 41.68 crore for quarter ended September 2011 as compared to Rs 35.94 crore in the same period last fiscal.

Its raw material consumption expenditure has gone up from Rs 9.90 crore in Q2 2010 to Rs 15.73 crore for quarter ended September 2011. Reserves and surplus funds have gone up from Rs 221.04 crores for the fiscal ended 31.3.2011 to Rs 235.16 crores for the half year ended 30.09.2011.
 
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