Ingersoll Rand Q1 net profit at Rs18.05; stk slips

Ingersoll Rand's standalone net profit for June 2011 quarter rose by 11.90% to Rs18.05 crore against Rs16.13 crore for the quarter ended June 2010.

Net sales rose by 24.91% to Rs125.79 crore for the quarter ended June 2011 as compared to Rs100.70 crore for the quarter ended June 2010.

At 12.07 pm, Ingersoll Rand was trading at Rs490.25, down by 6.24%, with a volume of 0.96 lakh shares on the BS

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