Ruchi Soya Q4 net profit rises by 42 pc

NEW DELHI: Ruchi Soya Industries Ltd today reported 42 per cent increase in standalone net profit at Rs 30.88 crore for the fourth quarter ended March 31, 2012.

The company had posted a net profit of Rs 21.77 crore in the year-ago period.

The total income increased to Rs 6,952 crore during the quarter as against Rs 4,839.12 crore in the corresponding period of previous fiscal.

For the fiscal ended March, 2012, Ruchi Soya's net profit declined to Rs 124.87 crore as compared to Rs 213.20 crore in 2010-11, while the total income during the year increased to Rs 25,981.48 crore in last fiscal from Rs 16,657.93 crore in the previous year.

On consolidated basis, Ruchi Soya posted a net profit of Rs 119.42 crore during 2011-12 as compared to Rs 225.16 crore in the previous year.

The consolidated total income rose to Rs 30,283.56 crore in 2011-12 from Rs 18,224.64 crore in 2010-11 fiscal.

Ruchi Soya is engaged in vegetable oils and other food products. It sells high protein soya food under the Nutrela brand.