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Ruchi Soya reports 61% fall in Q1 consolidated net profit

23 Jul 2012 Evaluate

Ruchi Soya has reported results for first quarter ended June 30, 2012.

The company has registered a fall of 42.63% in its net profit at Rs 122.31 crore for the quarter under review as compared to Rs 213.21 crore for the same quarter in the previous year. However, the total income of the company has increased by 56.35% at Rs 25,996.45 crore for Q1FY13 as compared Rs 16626.80 crore for the corresponding quarter previous year.

On the consolidated basis, the group’s net profit declined by 61.39% to Rs 86.92 crore for the Q1FY13 as compared to Rs 225.12 crore in Q1 FY12. However, the total income surged by 66.47% to Rs 30269.94 crore in the quarter under review as compared to Rs 18183.34 crore in the corresponding previous quarter.

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