Indian Link Chain Manufactures Reports 34.5% Increase in Q1 Net Profit
Indian Link Chain Manufactures has reported a 34.5% increase in net profit for Q1, rising to Rs 2.77 crore from Rs 2.06 crore in the previous year. Total income marginally increased to Rs 7.25 crore, while expenses rose by 12.3% to Rs 3.56 crore. The company's revenue from operations remained nil, with income primarily from other sources. Despite higher expenses, the company improved profitability, suggesting effective cost management. The Earnings Per Share (EPS) decreased to Rs 5.54 from Rs 8.12. The company maintains a paid-up equity share capital of Rs 50 crore and continues to operate in the trading of chains and chemicals.