December 02, 2008

Kanishk Steel net profit in 2007-08 reaches INR.10.32 crores

RTT News reported that Kanishk Steel standalone net profit for the year ended March 31st 2008 up by INR 10.32 crores from INR 9.93 crores in the previous year. Total income increased to INR 415.72 crores.

Kanishk Steel posted net loss of INR 0.12 crores in the fourth quarter ended March 31st 2008 as compared to net profit of INR.2.30 crores reported in the corresponding quarter of last year. Total income declined to INR 63.44 crores from INR 98.45 crores in the year ago quarter.