Ruchi Soya Industries, the market leader in edible oils and soya food industry, has posted 254 per cent increase in net profit at Rs 40.24 crore for the quarter ended December 31, 2009 as compared to Rs 11.38 crore in the corresponding quarter last year.
Net sales of the company rose 26.84 per cent from Rs 2,995.35 crore to Rs 3,799.45 crore.
Net profit during the first nine months of the current fiscal jumped 57 per cent to Rs 138.64 crore from Rs 88.25 crore in the same quarter of the previous year. Net sales for the nine-month period ended December rose 20.91 per cent to Rs 10086.21 crore from Rs 8341.92 crore.