Sel Manufacturing Company Ltd (SEL), an integrated textile company, has reported 177 per cent increase in its consolidated net profit at Rs 23.08 crore in the first quarter of the current fiscal as compared to Rs 8.31 crore in the corresponding quarter of the last year.
The consolidated total income of the company for the first quarter has gone up to Rs 179.74 crore, a rise of 200 per cent from Rs 59.59 crore for the same quarter last year. Basic and diluted earning per share (EPS) has gone up to Rs 13.81 from Rs 8.47.
The standalone net profit, too, jumped by 178 per cent to Rs 19.14 crore in the first quarter of 2008-09 as compared to Rs 6.07 crore in the corresponding quarter last year.
The standalone income of the company perked up by 201 per cent to Rs 176.87 crore as compared to Rs 57.22 crore for the same quarter last year. Basic and diluted EPS on standalone basis has gone up to Rs 10.91 from Rs 6.18.
