Thiru Arooran Sugars up 10% as it turns profitable in Q4

Moneycontrol BureauShare prices of Thiru Arooran Sugars Industries locked at 10 percent upper circuit as it turned profitable in the quarter ended March 2016.The company has reported net profit of Rs 27.4 crore against the loss of Rs 18.6 crore, in a year ago period.The EBITDA of the company was at Rs 15 crore versus EBITDA loss of Rs 27.8 crore.However, the total income was down 42.5 percent at Rs 51.7 crore against Rs 90 crore and tax credit was at Rs 16.5 crore versus RS 9.3 crore.At 09:34 hrs Thiru Arooran Sugars Industries was quoting at Rs 108.05, up Rs 9.80, or 9.97 percent. It has touched a 52-week high of Rs 108.05. There were pending buy orders of 14,910 shares, with no sellers available. Posted by Rakesh Patil