Omkar Speciality Chemicals Q1 PAT up by 100% Moneylife (08/08/ 2011)
Omkar Speciality profit after tax for the quarter ended 30 June 2011 stood at Rs4.02 crore
Omkar Speciality profit after tax for the quarter ended 30 June 2011 stood at Rs4.02 crore
Omkar Speciality Chemicals Ltd has reported a robust growth in revenues and profit after tax for the quarter ended 30 June 2011.
The profit after tax for the quarter ended 30 June 2011 stood at Rs4.02 crore, resulting into an increase of 100.66%, against Rs20.03 crore in the corresponding period of the last fiscal year.
The company reported an increase in net sales by 89.84% from Rs22.41 crore to Rs42.55 crore during the same period.
In the late afternoon, Omkar Speciality was trading at around Rs60.25 per share on the Bombay Stock Exchange, 5.12% up from the previous close.