Micro Inks Ltd has announced the Unaudited results for the quarter ended March 31, 2007.
The Company has posted a net profit of Rs 148.80 million for the quarter ended March 31, 2007 as compared to Rs 59.20 million for the quarter ended March 31, 2006. Total Income (net of excise) has increased from Rs 2378.30 million for the quarter ended March 31, 2006 to Rs 2823.40 million for the quarter ended March 31, 2007.
The Unaudited consolidated results for the Quarter ended March 31, 2007: The Group has posted a net profit of Rs 121.70 million for the quarter ended March 31, 2007 as compared to Rs 31.90 million for the quarter ended March 31, 2006. Total Income (net of excise) has increased from Rs 2752.40 million for the quarter ended March 31, 2006 to Rs 3521.90 million for the quarter ended March 31, 2007.
Mr. Shivram Angne, Whole-time Director of the Company has resigned as a Whole-time Director effective from April 28, 2007 (after the office hours) and will continue to be a Non-executive Director on the Board of Directors of the Company.