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MUMBAI:
Moser Baer India Ltd has announced the following Unaudited results
for the quarter ended 30 June, 2007
The
Company has posted a net profit after taxes of Rs 96.42 million
for the quarter ended 30 June, 2007 as compared to Rs 64.72 million
for the quarter ended June 30, 2006. Total Income has increased
from Rs 4880.91 million for the quarter ended 30 June, 2006 to Rs
5002.77 million for the quarter ended 30 June, 2007.
According
to Ratul Puri, Executive Director, of the Company, "Despite
the sharp negative influence of the rupee appreciation during the
traditional summer slowdown, the optical media business performance
remains satisfactory. The entertainment business is growing ahead
of expectations and is a highly scalable business. The other key
positive during the quarter is the commencement of shipments by
the photovoltaic business."
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