Kanoria Chemicals & Industries, a leading manufacturer of chemical intermediates and industrial gases, has announced a radical rise in net profit for the quarter ending June 2007.

During the quarter the net profit of the company increased to Rs102.69m from Rs18.28m in the same quarter last year.

Net sales for the quarter ended June 2007 rose by 13.47 percent, while the total income of the company increased almost 21 percent to Rs1.140.61m during the quarter.