Ruchi Soya’s Q2 net profit up 296 percent to Rs 1643 crore
The company had posted a net profit of Rs 126.73 crore in the corresponding quarter of the previous financial year.
In a communication to the stock exchanges, the company said its net income increased to Rs 6,010.99 crore during July-September, 2021 from Rs 3,990.72 crore in the year-ago period.
The company’s expenses increased to Rs 5,790.52 crore as compared to Rs 3,863.98 crore a year ago.
Ruchi Soya’s branded business, including brands sold under royalty regime and institutional segment, achieved sales of Rs 45,511.82 crore in the second quarter of FY 2021-22.
The company’s brands include Ruchi Gold, Mahakosh, Sunrich, Nutrella and Ruchi Star.
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