Business Standard

Kohinoor Foods board to mull rights issue on 27 April

Image

Capital Market

The company's board will consider raising funds through rights issue of equity shares on 27 April 2022.

Kohinoor Foods offers a wide variety of basmati rice, ready to eat curries & meals, readymade gravies, cooking pastes, chutney's, spices and seasonings to frozen breads, snacks & paneer (indian cottage cheese), healthy grains, edible oils.

On a consolidated basis, net profit of Kohinoor Foods declined 93.02% to Rs 0.40 crore on 56.75% decline in net sales to Rs 22.61 crore in Q3 December 2021 over Q3 December 2020.

Shares of Kohinoor Foods jumped 4.92% to Rs 12.58 on Friday.

Powered by Capital Market - Live News

 

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Apr 25 2022 | 8:46 AM IST

Explore News