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Ganesh Polytex on Monday said it has posted a 110 per cent growth in profit after tax to Rs 6.51 crore for the quarter ended March 31,as against Rs 3.1 crore posted in the same period last fiscal.
While, the Q4 sales surged by 93 per cent to Rs 105.32 crore compared to Rs 54.56 crore in the corresponding quarter last year.
Meanwhile, the company’s PAT went up by 100 per cent at Rs 12 crore for the year ended March 31, 2011 compared to Rs 6 crore in the last financial year.
Its total annual turnover went up by 46 per cent to Rs 291.28 crore compared to Rs 199.50 crore in the year—ago period.
Shares of the company were ended today at Rs 62.05 on the BSE, down by 0.40 per cent from its previous close.
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