Ballarpur Industries net profit declines 66.53% in the June 2010 quarter

Net profit of Ballarpur Industries declined 66.53% to Rs 10.73 crore in the quarter ended June 2010 as against Rs 32.06 crore during the previous quarter ended June 2009. Sales rose 10.22% to Rs 270.26 crore in the quarter ended June 2010 as against Rs 245.20 crore during the previous quarter ended June 2009.

For the audited full year, net profit declined 53.52% to Rs 58.28 crore in the year ended June 2010 as against Rs 125.39 crore during the previous year ended June 2009. Sales rose 2.13% to Rs 1020.58 crore in the year ended June 2010 as against Rs 999.32 crore during the previous year ended June 2009.

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