Goldstone Infratech Q1 Net Income up

Hyderabad, Aug 1 (UNI) Riding on the strong demand for its composite insulators, Goldstone Infratech Limited, a leading player in the telecommunications equipment industry, posted a net profit of Rs 57.85 lakh for the first quarter of the present fiscal.

The company's net sales and income from continuing operations for the quarter was Rs 782.41 lakh.

Goldstone Infratech Limited Managing Director of L P Sashikumar said in a statement "we have a strong order book position and our insulators have been gaining bigger market shares amongst suppliers to power transmission companies in India." UNI BR GM 1451