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Triveni Engineering net up 10% to Rs 38 cr

Triveni Engineering & Industries today said it has reported a 10 per cent growth in net profit at Rs 37.77 crore in the second quarter ended March 31, 2009.

The company had a net profit of Rs 34.28 crore in the quarter ended March FY'08, Triveni Engineering said in a statement.

Net sales rose by 21 per cent to Rs 457.58 crore in the latest quarter from Rs 378.27 crore in the corresponding year- ago period.

For the six months ended March 31, 2009, Triveni Engineering posted a net profit of Rs 61.75 crore as compared to Rs 59.96 crore. During the period, net sales rose to Rs 823.03 crore from Rs 725.21 crore earlier.
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