Strides Shasun has reported results for third quarter ended December 31, 2017.
The company has reported net profit of Rs 104.23 crore for the quarter under review as against a net loss of Rs 24.51 crore for the same quarter in the previous year. However, total income of the company decreased by 12.78% to Rs 356.19 crore for Q3FY18 as compared Rs 408.36 crore for the corresponding quarter previous year.
On consolidate basis, the company has reported 56.56% fall in its net profit at Rs 85.22 crore for the quarter ended December 31, 2017 as compared to Rs 196.17 crore for the corresponding quarter in the FY17. However, total consolidated income of the company increased marginally by 1.70% at Rs 764.71 crore for quarter under review as compared to Rs 751.96 crore for the same quarter ended previous year.
