New Delhi: Usha International on 28 May posted a 38% rise in net profit at Rs14.28 crore for the financial year ended 31 March 2007, against Rs10.37 crore in the previous year.
Total turnover of the company grew 22% at Rs661 crore for the fiscal from Rs541 crore last year, a company statement said.
As per the consolidated financial results of Usha International and its subsidiaries, the net profits increased to Rs18.29 crore this year from Rs13.68 crore last year.
The company manufactures fans, sewing machines, home appliances, agricultural and domestic engines, motors and pumps, ACs, generators and auto component.
The growth has been registered across all product groups, it said.