BSE-listed Nakoda Limited has recorded 18.90 per cent rise in net profit for the third quarter of financial year 2013-14, the company said in a statement on Tuesday.
The company also witnessed an increase in revenue from Rs 680.25 crore to Rs 812.58 crore for the same period, an increase of by 19.45 per cent.
For the manufacturer of drawn yarn, profit after tax for the quarter ended December 31, 2013 stood at Rs 19.63 crore, against Rs 16.51 crore in the corresponding period of the last year, an increase of 18.90 per cent.
Income from the manufacturing segment rose by 27.94 per cent to Rs 606.85 crore from Rs 474.33 crore for the quarter under consideration.
