Liquor maker Globus Spirits today said its consolidated net profit rose by 46% to Rs 11.5 crore for the first quarter ended June 30, 2011.
The company had posted a net profit of Rs 8 crore in the same period previous fiscal, Globus Spirits said in a filing to the Bombay Stock Exchange (BSE).
Net sales of the company rose to Rs 157 crore for the first quarter ended June 30, 2011, compared to Rs 121 crore in the same period last financial year.
On standalone basis, the company posted a net profit of Rs 8.5 crore for the June quarter, as against Rs 6 crore in the year-ago period.
Shares of Globus Spirits today closed at Rs 139 on the BSE, up 0.6% from its previous close.
