KRBL Limited Announces Unaudited Standalone and Consolidated Earnings Results for the Third Quarter and Nine Months Ended December 31, 2017
January 24, 2018 at 04:20 am
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KRBL Limited announced unaudited standalone and consolidated earnings results for the third quarter and nine months ended December 31, 2017. For the quarter, on standalone basis, the company reported total income from operations (net) of INR 7,874.6 million against INR 7,890.3 million a year ago. Profit from operations before exceptional items and tax was INR 1,726.3 million against INR 1,508.1 million a year ago. Profit before tax was INR 1,726.3 million against INR 1,508.1 million a year ago. Net profit after taxes was INR 1,237.7 million or INR 5.26 basic and diluted per share against INR 1,117.5 million or INR 4.75 basic and diluted per share a year ago. Profit before tax was INR 1,726.3 million compared to INR 1,508.1 million a year ago.
For the nine months, on standalone basis, the company reported total income from operations (net) of INR 24,056.3 million against INR 22,386.9 million a year ago. Profit from operations before exceptional items and tax was INR 5,200.2 million against INR 3,803.0 million a year ago. Profit before tax was INR 5,200.2 million against INR 3,803.0 million a year ago. Net profit after taxes was INR 3,657.0 million or INR 15.54 basic and diluted per share against INR 2,915.8 million or INR 12.39 basic and diluted per share a year ago.
For the quarter, on consolidated basis, the company reported total income from operations (net) of INR 7,877.1 million against INR 7,998.1 million a year ago. Profit from operations before exceptional items and tax was INR 1,718.5 million against INR 1,499.8 million a year ago. Profit before tax was INR 1,718.5 million against INR 1,499.8 million a year ago. Net profit after taxes was INR 1,229.9 million or INR 5.22 basic and diluted per share against INR 1,109.2 million or INR 4.71 basic and diluted per share a year ago.
For the nine months, on consolidated basis, the company reported total income from operations of INR 23,828.1 million against INR 22,435.6 million a year ago. Profit from operations before exceptional items and tax was INR 4,934.8 million against INR 3,787.9 million a year ago. Profit before tax was INR 4,934.8 million against INR 3,787.9 million a year ago. Net profit after taxes was INR 3,391.6 million or INR 14.41 basic and diluted per share against INR 2,900.7 million or INR 12.32 basic and diluted per share a year ago.
KRBL Limited is an India-based integrated rice company. The Company is a basmati rice producer and has fully integrated operations in basmati value chain, which include seed development, contact farming, procurement of paddy, storage, processing, packaging, branding and marketing. It owns and manufactures basmati rice brands in India and abroad. It operates through two segments: Agri and Energy. Its Agri segment comprises of agricultural commodities, such as rice, furfural, seed, bran, bran oil, and others. Its Energy segment comprises of power generation from wind turbine, husk-based power plant and solar power plant. The Company offers its rice under a range of brands, including India Gate, Nur Jahan, Telephone, Train, Unity, Lotus, Lion, Doon, Aarati, Quilada, Al Wisam, Granny's Kitchen, Necklace, Bemisal and Indian Farm, among others. Its subsidiaries include K B Exports Private Limited and KRBL DMCC and KRBL LLC. It exports its products to Saudi Arabia, Iran, Iraq and others.
KRBL LIMITED 
