KRBL Ltd Q1 profit up 12% at Rs 141 cr

New Delhi: KRBL Ltd, which sells rice under India Gate brand, on Friday reported 12 per cent rise in consolidated net profit at Rs 140.76 crore for June quarter 2021-22 on strong income. Net profit stood at Rs 125.74 crore in the same quarter of previous year, according to a BSE filing.

Net income rose to Rs 1,030.88 crore from Rs 773.26 crore in the year-ago period. Expenses remained higher at Rs 844.81 crore as against Rs 606.93 crore. Shares of the company settled at Rs 262.90 apiece on the BSE on Friday.