Opto Circuits Q1 cons net profit jumps 40%

Opto Circuits (India) has announced the following Unaudited results for the quarter ended June 30, 2011:

Standalone Results:

The net profit of the company rose by 0.33% to Rs57.14 crore for the quarter ended June 30, 2011 as compared to Rs56.95 crore for the quarter ended June 30, 2010.

Total income surged by 13.96% to Rs155.23 crore for the quarter ended June 30, 2011 to Rs136.21 crore for the quarter ended June 30, 2010 to

Consolidated Results:

The net profit of the company advanced by 40.07% to Rs116.39 crore for the quarter ended June 30, 2011 as compared to Rs83.09 crore for the quarter ended June 30, 2010.

Total income rose by 74.45% to Rs525.73 crore for the quarter ended June 30, 2011 to Rs301.35 crore for the quarter ended June 30, 2010.

Opto Circuits (India) closed at Rs275.10, up by 0.55%, with a volume of 1.43 lakh shares on the BSE.