See EBIDTA of 11-12% in FY10: Man Industries
June 22nd, 2009
Man Industries has declared its results for the quarter ended March 31, 2009. Its net sales were up 76% at Rs 721 crore versus Rs 410 crore on YoY basis. Its net profit was up 37% at Rs 19 crore versus Rs 14 crore.
Commenting on the results, RC Mansukhani, Group Chairman, Man Industries, said the yearly profit was hit by the rupee depreciation. He expected EBIDTA (Earnings before Interest, Taxes, Depreciation and Amortization) of 11-12% in FY10.