Aug 2, 2010

MIC Electronics came with good numbers

Net profit of MIC Electronics rose 49.28% to Rs 17.54 crore in the quarter ended June 2010 as against Rs 11.75 crore during the previous quarter ended June 2009. Sales rose 17.41% to Rs 60.49 crore in the quarter ended June 2010 as against Rs 51.52 crore during the previous quarter ended June 2009.

For the unaudited full year,net profit rose 3.29% to Rs 66.53 crore in the year ended June 2010 as against Rs 64.41 crore during the previous year ended June 2009. Sales declined 6.20% to Rs 226.37 crore in the year ended June 2010 as against Rs 241.32 crore during the previous year ended June 2009.