Varun Industries, manufacturer of stainless steel house ware & steel ware products has posted net profit of INR 185.10 million for the quarter ended June 30th 2011 as compared to INR 116.08 million for the quarter ended June 30th 2010, representing rise of 59.46% YoY.

Net sales have increased from INR 4.06 billion for the quarter ended June 30th 2010 to INR 9.24 billion for the quarter ended June 30th 2011, representing increase of 2.28 times.

(Sourced from www.myiris.com)