Comments
Freshtrop Fruits Ltd has informed the exchanges that unseasonal rainfall has affected its grape export business. The total exports of grapes for the season would be 30-35 per cent lower than last year’s, but there is a significant improvement in the selling price. The unseasonal rainfall will not have any significant impact on the profit of the company for 2014-15. The effect will be there in Q1 of 2015-16, but this could be mitigated by better price realisation, the company added. Shares of Freshtrop slumped 4.95 per cent to ₹92.10 on the BSE.
Comments
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.