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We expect Nifty EPS to grow by 14 percent for FY20 and clock in an EPS figure of Rs 554 for FY20.
Ruchi Soya Industries’ fourth quarter (January-March) net profit rose 25.8% year-on-year to Rs 21.77 crore, aided by strong sales, especially to export markets. In an interview with CNBC-TV18, Dinesh Shahra, MD, Ruchi Soya says, the company expects 15-20% revenue growth in FY12.
UNICON has come out with its earning estimates on Food Processing sector for the quarter ended March 2011. According to the research firm, Ruchi Soya March quarter revenue are expected to go up by 15.6% at Rs 3870 crore, year-on-year, (YoY) basis.
In an interview with CNBC-TV18, Dinesh Shahra, MD, Ruchi Soya, spoke about the results and his outlook for the company.