Strides Shasun has reported results for third quarter ended December 31, 2016.
The company has reported a net loss of Rs 24.52 crore for the quarter under review as compared to net profit of Rs 49.11 crore for the same quarter in the previous year. However, total income of the company increased by 14.64% at Rs 616.88 crore for the quarter under review as compared Rs 538.12 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported over three fold rise in its net profit after taxes, minority interest and share of loss of associates and joint ventures at Rs 187.32 crore for the quarter ended December 31, 2016, as compared to Rs 58.90 crore for the same quarter in the previous year. Total income of the company increased by 9.49% at Rs 960.12 crore for the quarter under review as compared Rs 876.92 crore for the corresponding quarter previous year.
