Mishtann Foods Limited Announces Standalone and Consolidated Earnings Results for the Quarter and Year to Date Ended December 31, 2017
January 29, 2018 at 11:29 am
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Mishtann Foods Limited announced standalone and consolidated earnings results for the quarter and year to date ended December 31, 2017. For the quarter, on standalone basis, the company’s revenue from operation was INR 1,236.820 million as compared to INR 568.371 million a year ago. Profit before exceptional and tax was INR 29.614 million as compared to INR 1.063 million a year ago. Profit before tax was INR 29.614 million as compared to INR 1.063 million a year ago. Net profit was INR 27.114 million as compared to INR 0.462 million a year ago. Basic and diluted earnings per share was INR 2.71 as compared to INR 0.005 a year ago.
For the year to date, on standalone basis, the company’s revenue from operation was INR 2,534.107 million as compared to INR 2,128.891 million a year ago. Profit before exceptional and tax was INR 52.403 million as compared to INR 33.979 million a year ago. Profit before tax was INR 52.403 million as compared to INR 28.636 million a year ago. Net profit was INR 44.517 million as compared to INR 21.458 million a year ago. Basic and diluted earnings per share was INR 4.44 as compared to INR 0.21 a year ago.
For the quarter, on consolidated basis, the company’s revenue from operation was INR 1,775.719 million as compared to INR 568.371 million a year ago. Profit before exceptional and tax was INR 29.076 million as compared to INR 1.042 million a year ago. Profit before tax was INR 29.076 million as compared to INR 1.042 million a year ago. Net profit was INR 26.576 million as compared to INR 0.441 million a year ago. Basic and diluted earnings per share was INR 2.65 as compared to INR 0.004 a year ago.
For the year to date, on consolidated basis, the company’s revenue from operation was INR 3,322.033 million as compared to INR 2,134.261 million a year ago. Profit before exceptional and tax was INR 51.995 million as compared to INR 34.042 million a year ago. Profit before tax was INR 51.995 million as compared to INR 28.699 million a year ago. Net profit was INR 44.109 million as compared to INR 21.521 million a year ago. Basic and diluted earnings per share was nil as compared to INR 0.21 a year ago.
Mishtann Foods Limited is an India-based agro-product company. The Company is engaged in the agricultural business, such as manufacturing, processing and trading of rice, wheat, other food grains and salt. It offers agri-commodities, such as basmati rice, wheat and dal, and rock salt. The Company offers salts, such as rock salt, crystal salt, and regular salt. The Company offers varieties of basmati rice, such as Snowflake basmati rice, Pristino basmati rice, Jacinth basmati rice, Rozana basmati rice, Jasper basmati rice, Mahabat basmati rice and others in one kilogram (kg), five kg, 10 kg and 25 kg backpacks.
MISHTANN FOODS LIMITED 
