IPCL net profit Rs.291 Crores, income at Rs.2023 Crores

Indian Petrochemicals Corporation Ltd (IPCL) has announced the following Unaudited Results for the quarter ended June 30, 2006:

The Company has posted a net profit of Rs 2910 million for the quarter ended June 30, 2006 (Q1 FY 06-07) as compared to Rs 2250 million for the quarter ended June 30, 2005 (Q1 FY 05-06). Total Income (net of excise) has increased from Rs 20230 million in Q1 FY 05-06 to Rs 24750 million for Q1 FY 06-07.

Source : Equity Bulls

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