Visagar Polytex today announced its net profit for the quarter ended March 31, 2009, rose to Rs 21.38 lakh, while it had a net loss of Rs 11.25 lakh in the same period previous fiscal.
Net sales of the company stood at Rs 8.55 crore for the quarter under review, against Rs 4.96 crore for the same period corresponding fiscal, Visagar Polytex said in a filing to the BSE.
Shares of Visagar Polytex were trading at Rs 475.80, down 4.99 per cent on the BSE.