Premium
This is an archive article published on January 19, 2011

GEI Industrial Q3 net jumps over two folds

GEI Industrial Systems osted an over two-fold jump in net profit for the third quarter ended Dec 31.

google-preferred-btn

GEI Industrial Systems,maker of air cooled heat exchangers and air cooled vacuum steam condensers,posted an over two-fold jump in net profit for the third quarter ended December 31,2010.

The company’s net profit during October-December quarter increased to Rs 8.68 crore from Rs 3.91 crore in the corresponding quarter last fiscal,GEI said in a statement.

Net sales of the company also grew by 78.56 per cent at Rs 109.44 crore as compared to Rs 61.29 crore in the corresponding quarter last fiscal,it added.

Boosted by smart numbers,shares of GEI closed with a gain of 3.70 per cent on the Bombay Stock Exchange at Rs 189.30.

Latest Comment
Post Comment
Read Comments
Advertisement
Live Blog
PHOTOS
In pics: From concept supercars to electronic SUV's: Bharat Mobility Global Expo 2025 was all about innovation
In Pics: From Concept Supercars to Electric SUVs – Innovation at Bharat Mobility Global Expo 2025
Top Stories
al falah university
CitiesED arrests Al-Falah University founder amid Red Fort terror attack probe
Maoist Leader Madvi Hidma Killed: Madvi Hidma
Why Madvi Hidma's killing is a big blow to Maoists: ruthless tactician, figure of inspiration
There was a time when nobody cared who the male actors in her movies were; what mattered to the masses was just her! This was a significant blow to the male-dominated industry, but it was too weak to fight back.
EntertainmentExploited by mother, Malayalam cinema's biggest actress was treated as 'untouchable' by family; she saved ailing industry, competed with Mohanlal, Mammootty
Kidar Sharma revealed that Prithviraj Kapoor handed over his son Raj Kapoor's responsibility to him
Entertainment'I slapped Raj Kapoor so hard, my fingers were imprinted on his face': Kidar Sharma offered him a film next day, sold his home and wife's jewellery to make it
In the now-deleted reel, the seller shared that the stall sold 118 plates in just one hour
TrendingContent creator claims Bengaluru momo seller earns Rs 1 lakh per day, viral video sparks debate
The Bengaluru woman noted that he employs a maid for Rs 3,000 a month and a full-time driver for Rs 22,000 a month (Representative image/Unsplash)
TrendingHousehelp for Rs 3,000, driver for Rs 22,000: Bengaluru techie faces backlash for post on affordable domestic workers in India
Viswanathan Anand during the draw of the Tata Steel Chess India tournament in Kolkata in September 2023. (Express Photo by Partha Paul)
SportsViswanathan Anand to play in Jerusalem Masters 2025, big boost for Israeli chess
Vidit Gujrathi Chess World Cup FIDE
SportsWhy Vidit Gujrathi felt at 'home' at FIDE World Cup in Goa
SC ruling in telecom dues case softens a crippling blow
OpinionSC ruling in telecom dues case softens a crippling blow
How China dealt with air pollution, lessons for India
ExplainedHow China dealt with air pollution, lessons for India
coffee
LifestyleThis is what happens to the body when you have 5 cups of coffee vs tea every day for a month
A global Cloudflare outage disrupted major services like ChatGPT, Canva, and X, highlighting the platform’s hidden role in internet stability. (Express Image/CloudFlare)
What is Cloudflare, and why did half the internet go down on Nov 18?
Advertisement
Must Read
SportsViswanathan Anand to play in Jerusalem Masters 2025, big boost for Israeli chess
Viswanathan Anand during the draw of the Tata Steel Chess India tournament in Kolkata in September 2023. (Express Photo by Partha Paul)
SportsWhy Vidit Gujrathi felt at 'home' at FIDE World Cup in Goa
Vidit Gujrathi Chess World Cup FIDE
SportsUnder Gautam Gambhir’s prowling eyes, Sai Sudharsan battles vulnerabilities ahead of possible Test recall
India practice session Gautam Gambhir South Africa
What is Cloudflare, and why did half the internet go down on Nov 18?
A global Cloudflare outage disrupted major services like ChatGPT, Canva, and X, highlighting the platform’s hidden role in internet stability. (Express Image/CloudFlare)
TechnologyGoogle launches more powerful Gemini 3 model for reasoning and vibe coding
Gemini 3
Technology‘We’re moving toward a world where AI books your travel for you’: SAP Concur’s Chris Juneau
Chris Juneau, SVP of Product Marketing at SAP Concur, believes AI will make business travel smarter, faster, and more efficient. (Express Image/SAP)
LifestyleThis is what happens to the body when you have 5 cups of coffee vs tea every day for a month
coffee
Advertisement
Buzzing Now
TrendingContent creator claims Bengaluru momo seller earns Rs 1 lakh per day, viral video sparks debate
In the now-deleted reel, the seller shared that the stall sold 118 plates in just one hour
TrendingHousehelp for Rs 3,000, driver for Rs 22,000: Bengaluru techie faces backlash for post on affordable domestic workers in India
The Bengaluru woman noted that he employs a maid for Rs 3,000 a month and a full-time driver for Rs 22,000 a month (Representative image/Unsplash)
Trending'Negative feedback made us realise': Zepto’s Aadit Palicha admits ‘dark patterns’ were a mistake, rolls back controversial features
Aadit Palicha addressed the temporary suspension of Zepto’s warehouse licence in Dharavi by Maharashtra's Food and Drug Administration
TrendingNarayana Murthy advocates 72-hour work week, praises China’s 9-9-6 rule: 'Get a life and then worry about work-life balance'
In 2021, China’s Supreme Court declared the system illegal, although its enforcement remains uncertain, according to several media reports.
Trending‘Pretentious grind’: Bengaluru man spots Rapido rider listening to coding tutorial; viral post sparks debate
The post quickly gained traction, igniting a debate on the grind techies go through in Bengaluru (Image source: @vaibhav_gup01/X)
Nov 18: Latest News
Advertisement