AXTEL INDUSTRIES LTD
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BSE Code:
523850
NSE Code:
AXTEL
Business Profile
Business Profile
Advanced Extrufoil Technology & Exports (AXTEL) is a leading manufactures of Industrial Machinery and Equipments. It is a leading supplier of process engineering equipment to the food, pharmaceutical and chemical industries. AXTEL provides process plants and equipments, size reduction equipments, sieving and straining equipments, material handling equipments, storage and discharge equipments and custom design. The company is headquartered at Gujarat, India.
Financials
Axtel Industries registered a 42.84% decline in net profits to Rs 4.47 million for the quarter ended September 2007 from a profit of Rs 7.82 million for the quarter ended September 2006.
Net Sales dropped 80.63% to Rs 43.63 million for the quarter ended September 2007 from Rs 225.25 million for the quarter ended September 2006.
Total income declined 80.81% to Rs 43.64 million for the quarter ended September 2007, from Rs 227.44 million for the quarter ended September 2006.
The earnings per share (EPS) of the company stood at Rs 0.56 in the quarter ended September 2007.
Recent Developments
24-SEP-07
Axtel Industries has extended its financial year ending September 30, 2007 up to March 31, 2008. Accordingly the financial year will be for 18 months ending on March 31, 2008. (Financial year for the period from October 01, 2006 to March 31, 2008].