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Business News/ Companies / XL Telecom Q2 jumps 2 fold at Rs15 cr
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XL Telecom Q2 jumps 2 fold at Rs15 cr

XL Telecom Q2 jumps 2 fold at Rs15 cr

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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.

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Published: 31 Oct 2008, 06:35 PM IST
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