Riddhi Siddhi Gluco Biols Ltd (RSGBL), the largest starch and derivatives manufacturing company in India posted a profit after tax(PAT)of Rs24.60 crore, up 114.07 per cent on a year-on-year basis for the quarter ended September 30 on the back of higher sales and capacity utilization. The net sales during the quarter stood at Rs 206.52 crore, up 25.49 per cent.
For the half year ended September 30, RSGBL registered an income of Rs 409.29 crore as against Rs 320.90 crore, increase by 27.54 per cent. PAT is up by a whopping 290 per cent at Rs 55.77 crore during the same period.
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