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PRAKASH — Prakash Industries News Story

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Brief: India's Prakash Industries Ltd Sept-Quarter Profit Rises

Nov 8 (Reuters) - Prakash Industries Ltd  PRKI.NS :
    * SEPT-QUARTER PAT 441 MILLION RUPEES VERSUS PROFIT 430.7
MILLION
RUPEES YEAR AGO
    * SEPT-QUARTER TOTAL REVENUE FROM OPERATIONS 7.77 BILLION
RUPEES
VERSUS 8.94 BILLION RUPEES YEAR AGO
    * EXPECT HEALTHY STEEL DEMAND DUE TO GOVERNMENT PUSH FOR
INFRASTRUCTURE, REVIVAL IN CREDIT GROWTH
    * COAL EXTRACTION FROM BHASKARPARA COMMERCIAL COAL MINE TO
COMMENCE IN 2ND HALF OF NEXT FINANCIAL YEAR

Source text for Eikon:  ID:nNSE1wyXyZ 
Further company coverage:  PRKI.NS 
 ((Reutersbriefs@thomsonreuters.com;))

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