ABG Shipyard reported that it has posted a net profit of INR 400.6 million for the quarter ended June 30th 2011 as compared to INR 384.1 million for the quarter ended June 30, 2010 representing marginal increase of 4.30%.

The compnay’s net sales has increased from INR 4.49 billion for the quarter ended June 30th 2010 to INR 5.23 billion for the quarter ended June 30th 2011, representing increase of 16.48%.