Eastern Silk posts 33 percent growth in net profits

Mumbai, July 10 (UNI) Silk goods exporter Eastern Silk Industries (ESI) has reported 32.54 per cent growth in net profits to Rs 19.02 crore for the quarter ended June 30 from Rs 14.35 crore in the corresponding quarter past year.

Net sales rose by 10.34 percent to Rs 124.64 crore during the period as against Rs 112.96 crore.

For the full year, company reported a Profit After Tax (PAT) of Rs 64.39 crore on net sales, a release said.

UNI