Corporate Update

KSL and Industries Q2 net up

KSL and Industries, a flagship company of Saurabh Tayal Enterprises has recorded yet another impressive Q2 results. The company has achieved net sales of Rs 8750 lakh during the second quarter ended 30th September 2005 as against net sales of Rs 5148 lakh during the previous year quarter ended September 30, 2004. The company’s net profit increased to Rs 810 lakh for the second quarter ended September 30, 2005 as compared to Rs 139 lakh during the second quarter ended September 30, 2004. On a paid up capital of Rs 3180 lakh (post bonus issue in the ration of 2:1), the earnings per share works out to Rs 2.55 as compared to Rs 1.32 for same period last year. KSL has recorded net sales of Rs 16253 lakh during the first half as against net sales of Rs 7669 lakhs during the same period in the previous year. The company’s net profit increased to Rs 1597 lakh for the first half (Rs 166 lakh). On a paid-up capital of Rs 3180 lakh, the earnings per share works out to Rs 5.02 (Rs 1.57).