IFB Industries Q4 net down 37% at Rs 13.6 cr

Home appliances maker IFB Industries at the moment reported 37% decline in get profit by the side of Rs 13.6 crore in the quarter ended protest 31, 2011, as contrary to the same episode prior fiscal.

The company had a get profit of Rs 21.72 crore in the quarter ended protest 31, 2010, IFB Industries thought in a filing to the Bombay Stock Exchange.

During the quarter under periodical, the firm's get sales stood by the side of Rs 162.7 crore, which is a 13.49% increase in intensity from Rs 143.35 crore in the year-ago episode.

For the year-ended protest 31, 2011, the company had a get profit of Rs 50.31 crore, down by 6.4% from the Rs 53.76 crore posted in the year-ago episode.

During the time, company's get sales increased by 24.63% to Rs 665.47 crore. Clothed in the prior fiscal, its get sales stood by the side of Rs 533.95 crore.

Shares of IFB Industries congested by the side of Rs 140.25 on the BSE, up 3.24% from the prior close.