Indo Rama Synthetics Q3 net zooms by 137%

New Delhi, Jan 29 (UNI) Indo Rama Synthetics India Ltd today said its net profit has increased 137 per cent to Rs 7.21 crore for the quarter ended December 31, 2007 as compared to Rs 3.04 crore for the same period a year ago.

Total income also witnessed a hike of per cent to Rs 570.27 crore for Q3 FY 2007-08 from Rs 561.95 crore for the same quarter a year ago.

The company recorded a growth of 52 per cent in net profit at Rs 21.28 crore for the nine months ended December 31, 2007 as against Rs 13.95 crore for the same period a year ago.

During the quarter, the company also completed the merger of Indo Rama Petrochemicals with itself.

UNI SR PDT HS1837