Stock Picking - Art Or Science

If there is one Legal way to Become Rich early, it is by Investing in Stocks and Real Estate. In this Blog you will not see general news which are available at numerous sites, instead u will get filtered news and opinions which matter. Many a times some small but important news were overlooked because of simultaneous big event, I try to put all those news in my Blog. The Home Page shows posts of only last 10 days. To see all the posts click on the month in the Archive section.

Friday, June 02, 2006

Greenply - Excellent Results

Greenply Reports Four-Fold Increase In Net Profit

Greenply Industries Ltd today reported a four-fold increase in its net profit for the quater ended March 31 at Rs 376.85 crore as against Rs 86.85 crore in the same period previous fiscal. The company's revenue for the quarter under review surged 89 per cent at Rs 80.93 crore as compared to Rs 42.76 crore in Q4 FY 2004-05, a company statement said. For the year ended March 31, Greenply's net profit surged 167 per cent to Rs 1,408.5 crore from Rs 528.01 crore posted in the previous fiscal.

The company's revenue grew 64 per cent jump in its revenue at Rs 308.22 crore as against Rs 188.40 crore in the previous fiscal. "We have been able to improve the margins through a blend of higher capacity utilisations, change in product mix, improved marketing distribution, better brand recall and buoyancy in the market," greenply Joint Managing Director Saurabh Mittal said.

2 Comments:

At 5:26 PM, Anonymous said...: Raj,are the figures quoted by you correct,please go through again and correct the errors?
At 11:10 AM, Raj said...: Yes, the figures are correct and are taken from official Ad of Greenply in The Economic Times.

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Stock Picking - Art Or Science

Friday, June 02, 2006

Greenply - Excellent Results

2 Comments:

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