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The Company declared its results for the quarter ended September 2007, reporting Sales Turnover and Profit after Tax of Rs.28.64crores and Rs.0.56crore respectively. The figures for the corresponding quarter in the previous year were Rs.26.86crores and Rs.0.61crore respectively. The Company proposes to expand its capacity for manufacture of aluminium extrusions from the present level of 7500MT per annum to 15,000MT per annum at a capital outlay of Rs.34.50crores. The project cost will be financed by way of additional equity / debt or a mix of debt equity to be decided in due course. The Company is also venturing into manufacture of Power Transmission Line Hardware. The Company is in the process of setting up the required facilities and expects commercial production of Power Transmission Line Hardware to commence from Q1, 2008. ________________________________________________________________________________________
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