IFGL PAT increases 161.85%

Kolkata, Feb 13 (IBNS) IFGL Refractories Ltd, a leading manufacturer of specialized Refractories, on Sunday took on record unaudited financial results, both on stand-alone and consolidated basis, for three/nine months ended on 31st December, 2011.

In the opinion of the Board, aforesaid financial results, both on stand-alone and consolidated basis, are satisfactory.

Total Income, Profit before Tax (PBT) and Profit after Tax (PAT) on consolidated basis for nine months ended on 31st December, 2011 are higher by 34.37%, 159.52% and 161.85% respectively compared to those of corresponding period of previous year.

On annualized basis, Total Income, PBT and PAT are higher by 25.47%, 85.13% and 83.27% respectively. EPS for nine months is Rs 9.46 compared to Rs 6.63 only for previous year 2010-2011.

Similarly, Total Income, PBT and PAT on stand-alone basis for nine months ended on 31st December, 2011 are higher by 36.62%, 201.64% and 203.42.% respectively compared to those of corresponding period of previous year. On annualized basis, Total Income, PBT and PAT are higher by 29.85% 122.91% and 124.51% respectively.

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