Brief: India's KEI Industries Sept-Qtr Net Profit Rises

KEI Industries

31/10/2018 14:27

Oct 31 (Reuters) - KEI Industries Ltd  KEIN.NS :
    * SEPT QUARTER NET PROFIT 413.7 MILLION RUPEES VERSUS PROFIT
285
MILLION RUPEES YEAR AGO
    * SEPT QUARTER REVENUE FROM OPERATIONS 9.97 BILLION RUPEES
VERSUS
7.54 BILLION RUPEES YEAR AGO
    * ACQUIRED LAND IN UNION TERRITORY OF DADRA AND NAGAR HAVELI
TO
SET UP NEW MANUFACTURING PLANT
    * NEW MANUFACTURING PLANT TO MANUFACTURE HOUSE WIRE/BUILDING
WIRE/FLEXIBLE WIRE.
    * SAYS WILL INVEST ADDITIONAL ABOUT  300 MILLION RUPEES IN
MANUFACTURING PLANT IN PHASE 2 (DURING FY 2019-20)

Source text: http://bit.ly/2ACMzQ2
Further company coverage:  KEIN.NS 

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