Financial Daily from THE HINDU group of publications
Wednesday, Aug 03, 2005
Financial Daily from THE HINDU group of publications Wednesday, Aug 03, 2005 |
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Corporate Results
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Foods & Food Processing Ruchi Soya Q1 net up 29.5% Our Bureau
New Delhi , Aug 2 RUCHI Soya Industries Ltd today announced a 29.5-per cent jump in its net profit to Rs 7.78 crore in the quarter ended June 30, 2005, compared with Rs 6.01 crore in the same quarter last year. The company's sales have increased by 16.6 per cent to Rs 945.19 crore in the first quarter of the fiscal from Rs 811.43 crore. Commenting on the results, Mr Dinesh Shahra, Managing Director, Ruchi Soya Industries Ltd, said, "The new projects set up recently, cost efficiencies, strong focus on value addition and economies of scale of our operations have contributed to the increase in topline and bottomline. We are hopeful of achieving yet another better performance this fiscal."
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