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Tuesday, July 31, 2007

WS Indusries - Net Up 146%

WS Industries - Now Also Listed At NSE

WS Industries India Ltd has announced the UnAudited Financial Results for the quarter ended June 30, 2007.

The Company has posted a profit after taxes of Rs.39.45 million for the quarter ended June 30, 2007 where as the same was at Rs.16.03 million for the quarter ended June 30, 2006. Total Income is Rs.476.88 million for the quarter ended June 30, 2007 where as the same was at Rs.394.61 million for the quarter ended June 30, 2006.

The company reported an Earnings Per Share (EPS) of Rs.1.8 for Quarter ended June 30, 2007 compared to Rs.0.75 reported during Quarter ended June 30, 2006.

The proceeds of the equity / preference issues made by the Company are being used for the purpose for which they were raised. Income from temporary deployment of these proceeds have been netted against Capital Work in Progress.

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