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Thursday, Jul 21, 2005

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Corporate Results - Coffee


CCL Products posts Rs 7.03 cr net profit in Q1

Our Bureau

HYDERABAD: CCL Products (India) Ltd, formerly known as Continental Coffee Ltd, has registered a turnover of Rs 27.46 crore in the first quarter ended June 30, 2005, as against Rs 15.16 crore in the corresponding quarter last year, showing a growth of 81 per cent.

The net profit for the quarter was Rs 7.03 crore (Rs 3.62 crore), a growth of 94 per cent, a CCL press release said.

The CCL's group turnover for the quarter was Rs 74.73 crore (Rs 47.40 crore), registering a growth of 57 per cent. The company reported a net profit of Rs 7.47 crore (Rs 3.71 crore).

The company scrip closed at Rs 226.30 on BSE on Wednesday.

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