Millennium Post

India gate rice maker ups net by 32%

Leading rice company KRBL Ltd, which sells under the India Gate brand, on Thursday reported a 32 per cent increase in consolidated net profit at Rs 112.85 crore for the quarter ended March on better margins. The company's net profit stood at Rs 85.67 crore in the year-ago period, it said in a regulatory filing. Income from operations fell to Rs 801.94 crore during the fourth quarter of last fiscal from Rs 923.30 crore in the corresponding period of the previous year. 
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