Nagpur-based Sunflag Iron & Steel Co Ltd said its first quarter net profit increased to Rs25.9 crore from Rs16 crore a year ago.
During the first quarter to end-June, its total revenues rose to Rs399 crore from Rs285.1 crore, same period previous year, it said in a regulatory filing.
On Monday, Sunflag Iron shares gained 1.1% to Rs31 on the Bombay Stock Exchange, while the Sensex ended at 0.1% down at 17,928 points.
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