Artson Engineering Ltd quarterly profit at Rs.1.14 Crores

Artson Engineering Ltd has announced the financial results for the quarter ended June 30, 2007.

The company has reported total income of Rs.92.82 Million during quarter ended June 30, 2007 compared to Rs.32 Million during quarter ended June 30, 2006. The company posted net profit after tax of Rs.11.49 Million during quarter ended June 30, 2007 as compared to Rs.4.16 Million during quarter ended June 30, 2006.

The company has reported an Earnings Per Share (EPS) of Rs.1.24 for the quarter ended June 30, 2007 compared to Rs.0.45 during quarter ended June 30, 2006.

Company is registered under BIFR & its proposal for restructuring is under review by BIFR.

The stock closed the day at Rs.42.90, up by Rs.3.05 or 7.65%. The total traded quantity was 44983 compared to 2 week average of 34080. The stock hit an intraday high of Rs.43.80 and low of Rs.40.80.

Source : Equity Bulls

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