Birla Corp Q1 FY07 profit jumps 168 per cent

New Delhi, Jul 31: Birla Corporation today posted 168 per cent growth in its net profit at Rs 62.36 crore for the first quarter ended June 30, 2006, as compared to Rs 23.24 crore for the corresponding quarter.

The total income increased 24 per cent from Rs 282.57 crore for Q1 FY06, to Rs 352.73 crore for Q1 FY07, a company statement said.

The company's net profit for the fourth quarter ended March 31, 2006 was up by 76 per cent at Rs 67.14 crore as compared to Rs 38.14 crore for the quarter ended March 31, 2005.

Its profit for the fiscal 2006 stood at Rs 125.76 crore, up by 44 per cent as compared to Rs 86.87 crore for the year ended March 31, 2005.

UNI