For the six months ended Sept 30, standalone net profit was Rs88.80: The wider industry impact

The emergence of CCTV footage has added a fresh dimension to the case

Nagpur: Indo Rama Synthetics (India) Ltd, which has its registered office and manufacturing complex at Butibori MIDC, reported a net profit of Rs55 crore for the second quarter ended Sept 30, against Rs 23.04 crore in the same quarter a year earlier.

Standalone total income for the quarter was Rs1,254.15 crore, up from Rs1,169.93 crore a year earlier. Profit before tax was Rs55.05 crore, against Rs23.04 crore in the corresponding quarter of the previous year. On a quarter-on-quarter basis, net profit rose from Rs33.75 crore in the April to June quarter. For the six months ended Sept 30, standalone net profit was Rs88.80 crore, against Rs55.35 crore in the same period a year earlier. Total income for the half-year was Rs2,078.91 crore, compared with Rs2,359.60 crore a year earlier.

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