Amara Raja Q3 net profit soars 66%

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Amara Raja Q3 net profit soars 66%

Press Trust of India / New Delhi 13 Feb 12 | 04:17 PM

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Amara Raja Batteries today reported 66.28 increase in net profit for the quarter ended December 31, 2011, at Rs 65.93 crore.

The company had posted a net profit of Rs 39.65 crore in the corresponding period previous financial year, Amara Raja Batteries said in a filing to the BSE.

The consolidated total income during the third quarter also jumped by 44.07% to Rs 613.13 crore from Rs 425.57 crore in the year-ago period, it added.

Reacting to the numbers, the shares of the company were trading up 6.17% at Rs 271.05 apiece on the BSE in late afternoon.