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Bajaj Hindusthan Sugar reports over 2-fold jump in Q4 net profit

25 May 2017 Evaluate

Bajaj Hindusthan Sugar has reported results for fourth quarter and year ended March 31, 2017.   

The company has reported over 2-fold jump in its net profit at Rs 259.13 crore for the quarter ended March 31, 2017 as compared to Rs 129.27 crore for the same quarter in the previous year. However, total income of the company decreased by 3.74 % at Rs 1687.69 crore for quarter under review as compared to Rs 1753.24 crore for the quarter ended March 31, 2016.  

For the year ended March 31, 2017, the company has posted a net profit of Rs 7.40 crore as compared to net loss of Rs 119.79 crore in FY16. However, total income of the company decreased by 5.11% at Rs 4780.91 crore for year under review as compared to Rs 5038.60 crore for the year ended March 31, 2016.

For the year ended March 31, 2017, on the consolidated basis, the company has posted a net loss of Rs 91.98 crore as compared to net loss of Rs 212.20 crore in FY16. Total income of the company decreased by 5.02% at Rs 4729.75 crore for year under review as compared to Rs 4979.66 crore for the year ended March 31, 2016.

Bajaj Hindusthan Sug Share Price

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