REI Agro’s Q1 net profit surges by 49%
REI Agro has reported results for the quarter ended June 30, 2010.
REI Agro???s net profit has surged by 48.12% to Rs 61.59 crore for the quarter ended June 30, 2010 as compared to Rs 41.58 crore for the quarter ended June 30, 2009.Its total income for the quarter under review has grown by 10.37% to Rs 949.95 crore as against Rs 860.68 crore for the previous year???s corresponding quarter.
One of the major factor contributing for the surge in the net profit for the quarter ended June 30,2010 is reduction in the expenditure of purchase of Traded Goods which stood at Rs 48.03 crore as compared to Rs 151.04 crore for the previous year???s corresponding quarter, down by 68.20%.
Click here for technical analysis and community tips for REI Agro
Did not find what you were looking for?
Custom Search
