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Usher Agro reports 12% fall in Q4 net profit

30 Aug 2012 Evaluate

Usher Agro has reported results for fourth quarter ended June 30, 2012.

The company has reported a fall of 12.19% in its net profit at Rs 7.49 crore for the quarter under review as compared to Rs 8.53 crore for the same quarter in the previous year. The total income from operation of the company has increased marginally by 25.08% at Rs 203.25 crore for Q4FY12 as compared Rs 162.50 crore for the corresponding quarter previous year.

Usher Agro is engaged in the business of Rice Milling (mainly Non-Basmati) and Wheat flour milling with existing milling capacities of 252,000 tonnes per annum (TPA) for paddy milling and 75,000 TPA for wheat flour milling at its three factories located at Mathura, Chatta and Buxar.

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