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MIC Electronics net profit rises 30.81% in the June 2008 quarter

Sales decline 28.94% to Rs 81.41 crore
Net profit of MIC Electronics rose 30.81% to Rs 23.65 crore in the quarter ended June 2008 as against Rs 18.08 crore during the previous quarter ended June 2007. Sales declined 28.94% to Rs 81.41 crore in the quarter ended June 2008 as against Rs 114.56 crore during the previous quarter ended June 2007.
For the full year, net profit rose 103.31% to Rs 65.79 crore in the year ended June 2008 as against Rs 32.36 crore during the previous year ended June 2007. Sales rose 30.28% to Rs 313.73 crore in the year ended June 2008 as against Rs 240.81 crore during the previous year ended June 2007.

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