EPC INDUSTRIE - RESULT UPDATE

The Mahindra & Mahindra Controlled EPC INDUSTRIE posted excellent result for the quarter ended December 2011 , after the closure of market hours. Company posted a turnover of Rs.40 Cr v/s Rs.24 Cr and a net profit of Rs.2 Cr v/s Rs.30 Lac ( Up 560 % from same period last year)  in this quarter. This is the first result from the company after the management control is taken over by M & M.

Recommending a HOLD at Current market Price.

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