Ispat Industries Ltd has announced the following unaudited results for the quarter ended September 30, 2006:
The Company has posted a net profit of Rs 23.20 million for the quarter ended September 30, 2006 as compared to a net loss of Rs 3630.10 million for the quarter ended September 30, 2005. Total Income (net of excise) has increased from Rs 12321.80 million for the quarter ended September 30, 2005 to Rs 18927.10 million for the quarter ended September 30, 2006.