Ion Exchange (India)'s Consolidated Profit Rises in Fiscal Q1

MT Newswires Live
Jul 31

Ion Exchange (India) (BOM:500214) said its consolidated profit attributable to the owners climbed to 487 million Indian rupees in the fiscal first quarter from 449.6 million rupees a year earlier.

For the three months ended June 30, earnings per share increased to 4.108 rupees from 3.792 rupees in the year-ago period, according to an Indian bourse filing on Wednesday.

Revenue from operations of the water treatment company rose year on year to 5.83 billion rupees from 5.68 billion rupees, the filing said.

Shares of the company were down nearly 2% in recent Thursday trading.

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