Ruchi Soya net profit up 2% in 2QFY2000 - Views on News from Equitymaster

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Ruchi Soya net profit up 2% in 2QFY2000

Nov 8, 1999

Ruchi Soya recorded a minor 2% jump in net profit to Rs 56 m in its second quarter period ended September 30, 1999. Turnover growth was an impressive 22% to Rs 3.9 bn. Its other income shot up by 60% to Rs 19 m.

  2QFY2000 2QFY1999 Change
Net Sales 3,927 3,209 22.4%
Other Income 19 12 59.5%
Expenditure 3,803 3,082 23.4%
Interest 56 59 -4.4%
Depreciation 30 26 18.8%
Profit before Tax 56 55 1.6%
Tax 0 0 -
Profit after Tax 56 55 1.6%
Net profit margin 1.4% 1.7%  

Ruchi Soya, the flagship company of the Ruchi Group, is involved in soya processing, vegetable refined oils, food processing, food supplements, vanaspati, industrial oils, soaps, engineering and fabrication, cooking gas cylinders, cold rolled sheets and coils and galvanised steel sheets. Some of the company's well known brands include 'Nutrela', 'Sunflower', 'Tulsi' and 'Proflo'.

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