• Language
  • App
  • Subscriptions
  • Specials
  • Sign-In
  • Register
GeStepAhead GrowMyMoney Invest Now master your money
Moneycontrol

Home » News » Earnings » Results

Feb 14, 2017, 02.30 PM | Source: PTI

Kwality Q3 net profit up 7% at Rs 45 cr

The company had clocked net profit of Rs 42.07 crore in October-December quarter of last financial year.

Like this story, share it with millions of investors on M3

Kwality Q3 net profit up 7% at Rs 45 cr

The company had clocked net profit of Rs 42.07 crore in October-December quarter of last financial year.

Post Your Comments

Share Cancel

| 1 Comments
Kwality Q3 net profit up 7% at Rs 45 cr
Dairy company Kwality Ltd today reported an over 7 percent growth in standalone net profit at Rs 45.09 crore during the third quarter of 2016-17 fiscal on higher sales.

The company had clocked net profit of Rs 42.07 crore in October-December quarter of last financial year.

Net income increased marginally to Rs 1,583.02 crore during the quarter under review, from Rs 1,540.27 crore in the year-ago period, the company said in a BSE filing.

Expenses remained higher at Rs 1,478.40 crore as against Rs 1,440 crore in the said period.

The company is strategically shifting its business model from B2B to B2C by adopting a structured holistic approach.

Recently, the company commenced commercial production of value-added products like flavoured milk at its new unit in Haryana. The unit has milk handling capacity of 0.9 million litres per day.

The Delhi-based Kwality Ltd's milk processing units are located in Uttar Pradesh, Haryana and Rajasthan.

The company sells dairy products such as milk (bulk, pouched and tetra-packs), ghee, curd and skimmed milk powder.

Shares of the company were trading 1.63 percent up at Rs 140.60 on BSE.

Get started using your favorite social network

or

Login using moneycontrol ID

Username
Password

Need help logging in? Reset password.

Don´t have an account? Sign Up

Get started using your favorite social network

or

Simply sign up using this short form

* mandatory

UserName*

Username should be atleast 4 character

Password*

Password should be 8 or more characters,
atleast 1 number, 1 symbol & 1 upper case letter

Alert

Your Password should contain
  • 8 or more characters
  • At least 1 number
  • At least 1 symbol
  • At least 1 upper case letter
Confirm Password*
Email
Already have an account? Login