Balrampur Chini Mills, one of the largest integrated sugar manufacturing company, on Saturday announced a marginal increase in net profit at Rs 66.19 crore for the second quarter ended March 31, 2009, compared to Rs 65.65 crore in the year-ago period.

The net sales for the quarter rose 15.93% to Rs 357.11 crore, compared to Rs 308.03 crore for prior year period.

Further, the company's total income surged by 14.84 per cent to Rs 357.34 crore, from Rs 311.15 crore in the corresponding period in the previous year.

For the six months ended March 31, Balrampur Chini registered a 79 per cent growth in net profit at Rs 117.49 crore.

The total income of the company for the period under review, stood at Rs 786.56 crore.

Technical Analyst, Ashwani Gujral is of the view that Balarmpur Chini Mills can go up to Rs 85-90. The scrip has support between Rs 60-62 level.

Shares of the company gained Rs 2.25, or 3.24%, to settle the day at Rs 71.65. The total volume of shares traded was 849,976.00 at the BSE (3.56 p. m., Friday).