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COIMBATORE: Shanthi Gears Ltd has netted a 26 per cent growth in sales at Rs 50.38 crore (Rs 40.03 crore) for the third quarter ended December 31, 2005. The net profit was 31 per cent higher at Rs 8.68 crore (Rs 6.59 crore).

The profit before tax was at Rs 12.67 crore (Rs 10.42 crore).

The total income for the nine-months ending December 31, 2005 was at Rs 129.26 crore (Rs 100.20 crore). Net profit was Rs 19 crore (Rs 14.95 crore).

The scrip is quoted in the BSE today at Rs 62.85 with the weighted average price being Rs 64.24.

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