Ingersoll Rand announces Q1 results, net profit at Rs.158.9 Crores

Ingersoll Rand India Ltd has announced the following Unaudited results for the quarter ended June 30, 2007.

The Company has posted a net profit of Rs 1589.00 million for the quarter ended June 30, 2007 as compared to Rs 83.80 million for the quarter ended June 30, 2006. Total Income has increased from Rs 1198.70 million for the quarter ended June 30, 2006 to Rs 1311.30 million for the quarter ended June 30, 2007.

The company has reported an Earnings Per Share (EPS) of Rs.50.33 for the Quarter ending June 30, 2007 compared to Rs.2.65 for Quarter ending June 30, 2006.

The stock was trading at Rs.313, up by Rs.11.80 or 3.92%. The stock hit an intraday high of Rs.319.80 and low of Rs.309.95. The total traded quantity was 16549 compared to 2 week average of 10058.

Source : Equity Bulls

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