Bloomberg News

Piramal Glass Ceylon Gains on Higher Second-Quarter Profit

October 19, 2011

Oct. 19 (Bloomberg) -- Piramal Glass Ceylon Plc, the Sri Lankan unit of India’s Piramal Glass Ltd., advanced as much as 3.8 percent in Colombo trading after saying second-quarter profit rose to 242 million rupees ($2.2 million) from 157 million rupees a year earlier.

The shares gained 10 Sri Lankan cents, or 1.3 percent, to 8.00 rupees at 2:10 p.m. local time.

--Editor: Jay Shankar

To contact the reporter on this story: Anusha Ondaatjie in Colombo at anushao@bloomberg.net

To contact the editor responsible for this story: Chakradhar Adusumilli at cadusumilli@bloomberg.net


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