Gujarat NRE Coke today reported a jump of over five-folds in its net profit to Rs 20.04 crore for the first quarter ended June 30, over the corresponding period a year ago.
The company had a net profit of Rs 3.64 crore during the first quarter of 2009-10.
Total income rose to Rs 452.15 crore in the April-June quarter this fiscal from Rs 310.04 crore last year, the coking coal producer said in a filing to the Bombay Stock Exchange.
For the year ended March 31, 2010, the company has posted a net profit of Rs 51.87 crore.
Shares of Gujarat NRE Coke were quoting at Rs 63.40, up 0.71 per cent in the late afternoon trade on the BSE. The broader market was also firm.