Nitin Fire – Growth in All Segments

Nitin Fire Protection Industries Ltd – reported a strong 4QFY10 performance, with revenues more than doubling yoy (104%) to Rs1,054m, while earnings jumped 179% to Rs155m. Sales and earnings for FY10 grew 28% and 27%, respectively.

All the three business segments contributed to the 104% yoy revenue growth in 4QFY10. The fire-fighting business grew 46% yoy, (more…)