Art and stationery products company Camlin Ltd. has reported its net profit has gone up in the first quarter of the fiscal year 2010-11. The company has posted net sales of Rs 120.53 crore for the quarter that ended in 30th June, 2010. The net profit was Rs 105.88-crore in the same quarter in the previous year.

There has been a huge hike in the Profit After Tax (PAT) figure as well. The company has reported that the Profit After Tax (PAT) has touched Rs 9.53-crore in the quarter under review which was Rs 8.02 crore for the similar period a year ago.

The company has informed this in a recent press release. The board had earlier recommended a dividend of 50 per cent with the approval of its shareholders in the preceding fiscal year of 2009-10.

Chairman and Managing Director of the company, Mr. Dilip Dandekar has informed that for the last few years the company has performed well and this result has been the indication of its consistent performance and enhanced business approach.