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Tuesday, Nov 02, 2004

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Corporate Results - Foods & Food Processing


Agro Tech Foods net dips

Our Bureau

HYDERABAD: Agro Tech Foods Ltd, a subsidiary of global food major ConAgra, has posted a turnover of Rs 326.2 crore, other income of Rs 1.5 crore and a net profit of Rs 30 lakh during the quarter ended September 30, 2004.

The turnover has increased but profit declined when compared to the turnover of Rs 272.7 crore and a net profit of Rs 40 lakh registered during the corresponding quarter in the previous year.

It had paid Rs 2.2 crore towards settlement of licensing arrangement of Mantralayam undertaking.

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