Country’s leading domestic logistics and supply-chain Company, Aqua Logistics has announced its first quarter financial results for the fiscal year 2010-11.

The company has informed that it has registered an impressive 99% rise in the net profit figure in the June quarter of the year. Aqua Logistics has informed this in a filing at the Bombay Stock Exchange today.

The net profit of Aqua Logistics has recorded Rs 8.69 crore during the April-June quarter of the ongoing fiscal year. The company had registered a net profit of Rs 4.37crore in the similar quarter in the previous financial year.

The firm has seen a hike of 99.17% in its net figure in Q1 this year against its year ago like period. The net sales have also grown up remarkably.

The net sales of the company have gone up by 62.93% and have touched Rs 125.31 crore during June quarter which was Rs 76.91 crore for the same quarter in the preceding year. EBITDA of the firm was recorded at Rs 14.32 crore with an increase of63.40% against Rs 8.76-crore in Q1 of FY 10.