Harrisons net loss at Rs 5.53 cr

BS 200 SCORECARD

Harrisons Malayalam posted net loss of Rs 5.53 crore for the quarter ended March 31, 2006, as compared with net profit of Rs 2.15 crore for the quarter ended March 31, 2005.

Total income increased 11.57 per cent to Rs 43.56 crore for the quarter ended March 31, 2006, as against Rs 39.04 crore for the corresponding period in 2004-05.

The board has recommended a dividend of 10 per cent on the equity shares.

The company's net sales for the quarter ended March 31, 2006, grew to Rs 39.18 crore as against Rs 36.9 crore for the reviewed period in 2004-05. Harrrisons Malayalam produces rubber, pepper and tea.