FARMINGDALE, NY – Cemtrex reported third-quarter net sales up 152% to $13.5 million year-over-year.

Net income for the period ended June 30 was $716,100, up 9240% year-over-year.

Net sales for the nine months ended June 30 increased 205% to $34 million compared to the nine months ended June 30, 2013.

The firm posted net income of $1.9 million for the nine-month period ended June 30, up 723% year-over-year.

"This record-setting third quarter for us was due to both organic growth among our existing businesses and our recent acquisition," said Saagar Govil, CEO of Cemtrex.