Surya Roshni, the second-largest lighting company in the country, posted a rise of 21.80% in net profit at Rs 11.90 crore for the first quarter ended June 30, 2012.
The company had posted a net profit of Rs 9.77 crore during the same period of previous fiscal, Surya Roshni Ltd said in a filing to the BSE.
Net sales of the company rose to Rs 628.38 crore during the first quarter ended June 30, 2012, as against Rs 555.15 crore during the same period of 2011-12 fiscal.
Shares of Surya Roshni today closed at Rs 51.35 on the BSE, down 2.65% from its previous close.