Tasty Bite Eatables report three - fold rise in Q4 net

Tasty Bite Eatables has reported results for fourth quarter and year ended March 31, 2012.

On the standalone basis, the company has posted a rise of 210.96% in its net profit at Rs 2.27crore for the quarter ended March 31, 2012 as compared to Rs 0.73 crore for the same quarter in the previous year. Total income has increased by 7.39% at Rs 24.42 crore for quarter under review as compared to Rs 22.74 crore for the quarter ended March 31, 2011

For the full year ended March 31, 2012 the company has posted a fall of 11.70% in its net profit at Rs 1.66 crore as compared to Rs 1.88 crore for the same period in the previous year.   However, total income has increased by 1.29% at Rs 82.44 crore for year under review as compared to Rs 81.39 crore for the period ended March 31, 2011.