For the quarter ending June, 2008, the company's net sales surged by 48.88 per cent at about Rs. 315 crore while total income jumped by 48.36 per cent at about Rs. 321 crore. The company posted earnings of Rs eight a share, registering 31.58 per cent growth over the previous year period. During the quarter, the company disclosed a fall in operating margin of 319.24 basis points to 9.40 per cent on higher input cost.
Interest cost rose by 17.43 per cent to Rs 5.2 crore.