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This is an archive article published on July 30, 2011

Hinduja Ventures Q1 PAT rises 10

Company had posted net PAT of Rs 19.68 cr in last fiscal year.

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Hinduja Ventures on Saturday reported a 9.50 per cent jump in its consolidated net profit after tax PAT at Rs 21.55 crore for the quarter ended June 30.

The company had posted a net PAT of Rs 19.68 crore in the corresponding period last year,Hinduja Ventures Ltd HVL said in a statement.

The consolidated total income for the quarter also increased by 28.31 per cent to Rs 125.45 crore from Rs 97.77 crore in the year-ago period,it added.

HVL results include financials of its media cable distribution subsidiary 8212; IndusInd Media amp; Communications Ltd IMCL.

IMCL consistently maintained its track record of profitability for fifth year in the row IMCL total income for the period ended June 30,2011,was Rs 112.53 crore as against Rs 82.12 crore,a rise of 37.03 per cent y-o-y, the statement said.

 

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