Eimco Elecon India Ltd Q1 net up 42.71% to Rs.40.86 Million

Eimco Elecon India Ltd has announced the UnAudited financial results for the Quarter ending June 30, 2007.

The company has reported total income of Rs.338.31 Million in Q1 2007-2008 compared to Rs.214.06 Million during the same quarter last year (2006-2007). The company reported Net Profit of Rs.40.86 Million during Q1 2007-2008 compared to Rs.28.63 Million during Q1 2006-2007.

The Earnings Per Share (EPS) of the company stood at Rs.7.08 during Q1 2007-2008 compared to Rs.4.96 during Q1 206-2007.

The stock closed the day at Rs.396.75, up by Rs.11.80 or 3.07%. The total traded quantity was 5543 compared to 2 week average of 3767. The stock hit an intraday high of Rs.404.15 and low of Rs.376.

Source : Equity Bulls

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