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PASUPTAC — Pasupati Acrylon News Story

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India's Pasupati Acrylon jumps as quarterly profit doubles

** Shares of India's Pasupati Acrylon PASA.NS jump about 7.6% to 61.90 rupees

** Staple fibre maker's Q4 profit more than doubled y/y to 262.8 million rupees ($2.76 million)

** Revenue from operations rose 45.3% y/y, driven by revenue growth in its ethanol segment, which increased nearly 20-fold

** Revenue from core fibre segment rose 14.1% y/y

** Total expenses rose 34.6% y/y

** Trading volumes nearly 2x the 30-day average

** YTD, stock up ~13.9%

($1 = 95.3900 Indian rupees)

 (Reporting by Bipasha Dey in Bengaluru)

 ((Bipasha.Dey@thomsonreuters.com;))

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