Hinduja Foundries disclosed a substantial rise in standalone net profit for the quarter ended December 2010. During the quarter, the profit of the company rose 42.30% to INR 31.65 million from INR 22.24 million in the same quarter previous year.

The company’s net sales for the quarter for the quarter surged 41.99% to INR 1,563.06 million, while total income for the quarter jumped 40.42% to INR 1,573.31 million, when compared with the prior year period.

(Sourced from IRIS.com)