Brief: India's ELGI Rubber March Quarter Consol Profit Rises

Elgi Rubber Co

24/05/2018 13:30

May 24 (Reuters) - ELGI Rubber Co Ltd  ELGT.NS :
    * MARCH QUARTER CONSOL PROFIT 15.7 MILLION RUPEES VERSUS
PROFIT
11.1 MILLION  RUPEES YEAR AGO
    * MARCH QUARTER CONSOL  INCOME FROM OPERATIONS 1.06 BILLION
RUPEES
VERSUS 1.04 BILLION RUPEES YEAR AGO
    * SAYS CO DECIDED TO EXPAND, RE-ALIGN EXISTING RUBBER
RECLAIM
DIVISION
    * SAYS TOTAL COST FOR RUBBER RECLAIM DIVISION PROJECT
ESTIMATED AT
500 MILLION RUPEES

Source text - https://bit.ly/2IJtk90
Further company coverage:  ELGT.NS 

 ((Reuters.Briefs@thomsonreuters.com;))