Mumbai: XL Telecom & Energy said that its net profit jumps 2 fold at Rs14.99 crore for the second quarter ended 30 September, over the corresponding period a year ago.
The company had a net profit of Rs6.02 crore for the second quarter last fiscal, XL Telecom & Energy informed the Bombay Stock Exchange (BSE).
Net sales of the company rose to Rs257.22 crore for the quarter under review, from Rs150.59 crore for the same period a year ago.
“XL has had a very good first quarter and is poised to continue its growth trend during the current year,” XL Telecom & Energy, Managing Director Dinesh Kumar said.
Shares of the company settled at Rs61.35, up 4.96% on the BSE.