Leading rice company KRBL, which sells under the India Gate brand, today posted a 4.92 per cent jump in consolidated net profit at Rs 103.27 crore in the second quarter of this fiscal. Its net profit stood at Rs 98.42 crore in the same period last year.
Total income fell marginally to Rs 716.55 crore in the said quarter from Rs 717.14 crore in the year—ago period.
Expenses, however, remained lower at Rs 559.71 crore as against Rs 592.24 crore in the year-ago period.
Shares of the company fell 2.75 per cent to close at Rs 640.05 on BSE today
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.