Forbes & Company Q2 profit at Rs.2 lakhs

Forbes & Company Ltd has announced the Financial Results for the Period ended September 30, 2011.

The company has reported Net Sales / Income from Operations of Rs.65.45 crores for the quarter ended September 30, 2011 against Rs.54.50 crores for the quarter ended September 30, 2010.

The Net Profit / (Loss) was at Rs.0.02 crores for the quarter ended September 30, 2011 against (Rs.4.89) crores for the quarter ended September 30, 2010.

The company has reported an EPS of Rs.0.02 for the quarter ended September 30, 2011 as compared to (Rs.3.78) for the quarter ended September 30, 2010.

The stock was trading at Rs.408, up by Rs.5.75 or 1.43%. The stock hit an intraday high of Rs.410 and low of Rs.405.

The total traded quantity was 289 compared to 2 week average of 547.

Source : Equity Bulls

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