Production of flat rolled products stood at 9.77 lakh tonnes in October 2017, higher by 2 per cent over October 2016. Sales rose 17.09 per cent to Rs 625.71 crore in the quarter ended September 2017 as against Rs 534.39 crore during the previous quarter ended September 2016. Sales rose 7.08 per cent to Rs 1427.50 crore in the quarter ended September 2017 as against Rs 1333.06 crore during the previous quarter ended September 2016.Net profit of SRF declined 11.27 per cent to Rs 89.75 crore in the quarter ended September 2017 as against Rs 101.15 crore during the previous quarter ended September 2016. Sales rose 6.86 per cent to Rs 415.23 crore in the quarter ended September 2017 as against Rs 388.59 crore during the previous quarter ended September 2016.Net profit of Caplin Point Laboratories rose 58.72 per cent to Rs 35.57 crore in the quarter ended September 2017 as against Rs 22.41 crore during the previous quarter ended September 2016. Sales rose 37.18 per cent to Rs 131.31 crore in the quarter ended September 2017 as against Rs 95.72 crore during the previous quarter ended September 2016.

Source: Economic Times November 10, 2017 02:34 UTC