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  • OCTOBER 26, 1999

Century Enka post 12 fold rise in profits

A 17% growth in topline and a decline in interest expenditure have enabled the company to post a sharp jump in profits. The company has benefited from the improvement in price realisations of commodities.

(Rs m) 2QFY2000 2QFY1999 Change
Net Sales 2,132 1,819 17.3%
Other Income 45 50 -10.3%
Expenditure 1,903 1,639 16.1%
Interest 85 112 -24.4%
Depreciation 116 111 3.8%
Profit before Tax 74 12 516.7%
Tax 9 7 21.4%
Profit after Tax 65 5 1200.0%
Net profit margin 3.0% 0.3%  

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