MoneyWorks4Me

Ruchi Soya Industries reports net loss of Rs 2882.71 crore in Q2FY18

15 Nov 2017 Evaluate

Ruchi Soya Industries has reported results for second quarter ended September 30, 2017.

The company has reported a net loss of Rs 2882.71 crore for the quarter under review as compared to a net profit of Rs 26.75 crore for the same quarter in the previous year. Total income of the company decreased by 39.87% at Rs 3092.24 crore for Q2FY18 as compared Rs 5142.87 crore for the corresponding quarter previous year.

Ruchi Soya Industries is a leading manufacturer and India’s largest marketer of healthier edible oils, soya food, premium table spread, vanaspati and bakery fats. It is also the highest exporter of soya meal, lecithin and other food ingredients from India.


Peers