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K S Oils Q2 net up 1.85% to Rs 51 cr

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Press Trust of India New Delhi

Edible oil maker K S Oils today reported a marginal 1.85 per cent growth in its net profit to Rs 51.11 crore for the second quarter ended September 30, 2010.

The Morena, Madhya Pradesh-based company had reported Rs 50.18 crore net profit in the same quarter last fiscal, K S oils said in a communique to the National Stock Exchange.

Total income of the company rose to Rs 1,041.83 crore during the July-September period of the current fiscal from Rs 946.67 crore in the same quarter last fiscal.

"With increased efficiency at our manufacturing centres and higher sales during the festive season, our performance in this quarter has been encouraging. In the future, our focus remains on providing superior quality products to consumers across the edible oil sector," K S Oils' Chairman Ramesh Chand Garg said.

 

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First Published: Nov 24 2010 | 6:44 PM IST

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