Indian Rayon Q3 net at Rs 40.08 cr

Indian Rayon & Industries Ltd has posted a net profit of Rs 400.80 million for the quarter ended December 31, 2002 as compared to a net profit of Rs 36.30 million in the quarter ended December 31,2001. Total income (net of excise) has decreased from Rs 3747.40 million in DQ-01 to Rs 3720.70 million in DQ-02.

BSE Code: 500303