Net sales for the quarter for the quarter rose 10.88% to INR5,453.7m, while total income for the quarter rose 9.90% to INR5,488m, when compared with the prior year period. It posted earnings of INR2.97/share during the quarter, 3.58 times higher than the same period a year ago.
Meanwhile, the company has approved in principle to hive off the captive power plants and related assets into a separate company through a scheme of arrangement subject to all the necessary approvals and consents.