Tilaknagar Industries Ltd Q1 net up 397.74% to Rs.28.72 Million

Tilaknagar Industries Ltd has announced the UnAudited financial results for the Quarter ending June 30, 2007.

The company has reported total income of Rs.282.14 Million in Q1 2007-2008 compared to Rs.194.68 Million during the same quarter last year (2006-2007). The company reported Net Profit of Rs.28.72 Million during Q1 2007-2008 compared to Rs.5.77 Million during Q1 2006-2007.

The Earnings Per Share (EPS) of the company stood at Rs.5.01 during Q1 2007-2008 compared to Rs.1.00 during Q1 206-2007.

The Company has franchisee arrangements in some States and in respect of such arrangements, turnover of Rs 275.60 million (Rs 279.40 million) during the quarter ended June 30, 2007 has not been treated as ´Sales’. However the surplus generated out of these arrangements is included in the ´Sales/Income from Operations´.

The stock closed the day at Rs.126.90, up by Rs.6 or 4.96%. The total traded quantity was 18098 compared to 2 week average of 38681. The stock hit an intraday high of Rs.126.90 and low of Rs.122.60.

Source : Equity Bulls

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