For the half year ended 30th September 2011 Nitin Fire Protection Industries Limited Consolidated Total Income stood at Rs.307.56 crores (Rs.245.59 crores) while Consolidated Net Profit jumped by nearly 75% to Rs.40.85 crores (Rs.23.40 crores). The Earnings Per Share (face value: Rs.2 per share) for the half year period stood at Rs.1.85 (Rs.1.06).
For the second quarter ended 30th September 2011, the Company has posted a Consolidated Total Income of Rs.145.95 crores (Rs.155.79 crores) while its Consolidated Net Profit for the quarter registered a sharp increase of 25% to Rs.17.21 crores (Rs.13.76 crores). Export Sales accounted for over 81% of the Total Sales during the quarter. The Earnings Per Share (face value: Rs.2 per share) for the quarter stood at Rs.0.78 (Rs.0.62).
The company has sound financials and as at 30th September 2011, its Reserves and Surplus stood at Rs.87.84 crores on an Equity Share capital of Rs.44.11 crores.
