Prabhat Dairy Q2 net profit edges up 1.7% to Rs 9 cr

New Delhi, Nov 14 (PTI) Prabhat Dairy Ltd today posted a1.67 per cent jump in its consolidated net profit at Rs 9.08crore for the second quarter en...

New Delhi, Nov 14 (PTI) Prabhat Dairy Ltd today posted a1.67 per cent jump in its consolidated net profit at Rs 9.08crore for the second quarter ended September.

The Maharashtra-based company had reported a net profitof Rs 8.93 crore in the year-ago period.

In a regulatory filing, the company said its total incomeincreased to Rs 385.88 crore in July-September of 2017-18,from Rs 325.12 crore a year ago.

Expenses remained higher at Rs 374.78 crore in the secondquarter as against Rs 314.73 crore in the same period lastyear.

The company has manufacturing facilities in Shrirampur(Ahmednagar) and Navi Mumbai and sells products under brands'Prabhat', 'Prabhat Milk Magic' and 'Prabhat Flava'.

The company is into processing of milk and manufacturingof dairy products. PTI LUX ADIARD.

This is unedited, unformatted feed from the Press Trust of India wire.

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