Steelcast Ltd Q1 net up 20%

Gujarat based steel castings manufacturer Steelcast Ltd has reported a 20.41 per cent rise in net profit to Rs 2.95 crore for the first quarter of 2012-13 fiscal ended June 30, as as against Rs . 2.45 crore in the corresponding quarter last fiscal. Total income for the April to June quarter of FY13 was higher by 40.53 per cent at Rs 63.9 crore over Rs 45.53 crore in the year before period.