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Riga Sugar Company reports standalone net profit of Rs 0.06 crore in the June 2019 quarter

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Capital Market

Sales rise 57.21% to Rs 52.21 crore

Net profit of Riga Sugar Company reported to Rs 0.06 crore in the quarter ended June 2019 as against net loss of Rs 18.29 crore during the previous quarter ended June 2018. Sales rose 57.21% to Rs 52.21 crore in the quarter ended June 2019 as against Rs 33.21 crore during the previous quarter ended June 2018. ParticularsQuarter EndedJun. 2019Jun. 2018% Var.Sales52.2133.21 57 OPM %8.94-38.15 -PBDT1.33-17.12 LP PBT0.06-18.29 LP NP0.06-18.29 LP

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First Published: Aug 16 2019 | 2:08 PM IST

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