Business Daily from THE HINDU group of publications
Sunday, Apr 26, 2009
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Sunday, Apr 26, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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Corporate Results
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Commodities Rain Commodities Q4 net up Hyderabad, April 25 Rain Commodities Ltd’s net profit increased 9 per cent to Rs 33.12 crore in the fourth quarter ended March 31 compared with Rs 30 crore in the corresponding quarter of the previous financial year. The total revenue increased 38 per cent to Rs 266.6 crore (Rs 192.90 crore). On a consolidated basis, the revenue increased to Rs 105 crore from Rs 81 crore in the year-ago period. However, the net profit declined 21 per cent to Rs 87.22 crore (Rs 111 crore) due to higher costs on raw materials, power and fuel and employees, among others. — Our Bureau More Stories on : Commodities
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