The Technical textile maker SRF Limited has announced its third quarter financial results and its net profit has gone up over four-fold.

The net profit of the company has been recorded Rs 171.17 crore for the third quarter ended December 31, 2010.

The company had posted a net profit of Rs 37.60 crore for the same quarter in the preceding year. This fact has been as informed by SRF Limited in a filing to Bombay Stock Exchange (BSE).

The total income of the company was at Rs 844.12 crore for the third quarter ended December 31, while in last fiscal period it was Rs 490.07 crore.

Today the shares of SRF ended at Rs 354.70 on BSE. It was 5.28 per cent up from its previous close.

An intraday high and an intraday low of Rs 370 and Rs 330 respectively have been touched by SRF. The share was at Rs 361.05 at the time 15:08 hrs, up Rs 24.15, or 7.17%.

The declaration of the net profit in its third quarter has been made by the company. Its Q3 net profit was up at Rs 171 crore against Rs 38 crore as reported by CNBC-TV18.