Redington India Ltd Q1 profit after tax down to Rs.11.89 Crores

Redington India Ltd has announced the following Un-Audited results for the quarter ended June 30, 2007.

The Company has posted a net profit after tax of Rs.118.9 million for the quarter ended June 30, 2007 where as the same was at Rs.154.5 million for the quarter ended March 31, 2007. Total Income is Rs.12987.1 million for the quarter ended June 30, 2007 where as the same was at Rs.14104.9 million for the quarter ended March 31, 2007.

The company has reported an Earnings Per Share (EPS) of Rs.1.53 for the quarter ended June 30, 2007 compared to Rs.2.13 during quarter ended March 31, 2007.

The stock closed the day at Rs.286.80, down by Rs.3.55 or 1.22%. The total traded quantity was 1952098 compared to 2 week average of 975852. The stock hit an intraday high of Rs.301.95 and low of Rs.281.10.

Source : Equity Bulls

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