INDOWIND ENERGY Stay away Stock

Net profit is at Rs.7.06 crore, its highest ever in any quarter and almost equal to Rs.7.20 crore which it posted for 12 months FY09. QoQ, net profit is up more than 7.5 times and YoY, it is up 60%.
It has a net sales for Q1FY10 of Rs.8.83 crore, down 72% on a QoQ and down 34% on a YoY. OPM is at an unbelievable 101% and NPM at 80%. This is even better than a realty company!
The company has an other income of Rs.2.19 crore and operating expense is down to a meager Rs.2.05 crore of which Rs.1.81 crore is via ‘other expense’ and Rs.24 lakhs on employee cost . Where is the expense on raw materials? Does this mean that income in first quarter was from trading income only? Something somewhere smells completely fishy here.
The stock was up yesterday by 9.76% at Rs.36. Purely a speculative stock. Just get out using this momentum as the results are more of a warning than a sign of good tidings. thanks