Neyveli Lignite announces lower Q2 net profit of Rs.163.88 Crores

Neyveli Lignite Corporation Ltd has announced the following Unaudited results for the quarter ended September 30, 2006:

The Company has posted a net profit of Rs 1638.80 million for the quarter ended September 30, 2006 as compared to Rs 2367.50 million for the quarter ended September 30, 2005. Total Income has decreased from Rs 8511.40 million for the quarter ended September 30, 2005 to Rs 7339.00 million for the quarter ended September 30, 2006.

Source : Equity Bulls

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