Action Construction Equipment Earnings Jump 78.45% for Dec '10 QTR

Action Construction Equipment announced a phenomenal rise in standalone net profit for the quarter ended December 2010. During the quarter, the profit of the company rose 78.45% to Rs 106.22 million from Rs 59.52 million in the same quarter previous year.

Net sales for the quarter for the quarter surged 70.98% to Rs 1,816.62 million, while total income for the quarter jumped 71.42% to Rs 1,832.46 million, when compared with the prior year period.

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