India Glycols, manufacturer of glycol chemicals, with products including ethers, acetates, ethoxylates, oligomers, and potable alcohol, has posted a net profit of Rs 6.82 crore for the quarter ended December 31, 2009 as compared to a loss of Rs 70.87 crore in the corresponding quarter of the previous year.
Total income of the company during the quarter rose sharply to Rs 281.49 crore in comparison with Rs 198.83 crore in the same period of the previous year.