Hydro S&S net up 24.34% in Jun`07 qtr

Hydro S&S net up 24.34% in Jun`07 qtr

Hydro S&S Industries registered a 24.34% growth in net profits to Rs 15.63 million for the quarter ended June 2007 from  Rs 12.57 million for the corresponding, last year.

Net sales for the quarter rose 6.22% to Rs 256.31 million from Rs 241.30 million for the same quarter, last fiscal.

Quarterly results (Rs in mn)
As at June 2007(3) June 2006(3) %Change
Net Sales 256.31 241.30 6.22
Net Profit 15.63 12.57 24.34
EPS 2.39 0.00  

Total income for the quarter rose 3.94% to Rs 256.85 million from Rs 247.11 million for the corresponding quarter, a year ago.

The earnings per share (EPS) of the company stood at Rs 2.39 in the quarter ended June 2007.

>Hydro S & S Industries was incorporated in 1984. The main business profile of company is to manufacture plastic resins.

Shares of t he company closed down Rs 1.25, or 2.62%, at Rs 46.55. The total volume of shares traded at the BSE was 2,212. (Tuesday)

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