Ucal Fuel Systems net profit up 100% in Q2 period

Ucal Fuel Systems net profit up 100% in Q2 periodChennai-headquartered Ucal Fuel Systems net profit during the quarter ended September 30, 2009 reveals higher performance compared to corresponding period last year. Company’s net profit during the quarter under review has witnessed substantial jump of 100% to Rs 1.94 crore.

In the like period a year earlier, the conglomerate had registered a net profit of Rs 90.97 lakh.

The total income of the conglomerate during the said three month period stood at Rs 96. 73 crore as compared to Rs 86.62 crore in the similar period year ago.

During the six months period ended on September 30, 2009, company’s net profit figure stood at Rs 2.73 crore as compared with Rs 2.92 crore in the comparable period of last fiscal.

The company has clocked a total income of Rs 175.08 for the six month period ended September 30, 2009, as compared to Rs 165.23 crore recorded in the matching period of previous financial year.