Webel-Sl Energy Systems Ltd June quarter net profit down at Rs.2.26 Crores

Webel-Sl Energy Systems Ltd has announced the financial results for the quarter ended June 30, 2007.

The company has reported total income of Rs.256.53 Million during quarter ended June 30, 2007 compared to Rs.195.54 Million during quarter ended June 30, 2006. The company posted net profit after tax of Rs.22.69 Million during quarter ended June 30, 2007 as compared to Rs.28.73 Million during quarter ended June 30, 2006.

The company has reported an Earnings Per Share (EPS) of Rs.3.48 for the quarter ended June 30, 2007 compared to Rs.4.41 during quarter ended June 30, 2006.

The Company is installing a new PECVD machine at its existing unit. This process will enhance the output and realisations will be better after this process.

The stock closed the day at Rs.491.85, up by Rs.2.85 or 0.58%. The total traded quantity was 19098 compared to 2 week average of 27871. The stock hit an intraday high of Rs.509.90 and low of Rs.490.05.

Source : Equity Bulls

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