You are here: Home » PTI Stories » National » News
Business Standard

Dhanuka Agritech Q3 net profit up 6.36%

Topics
Business Finance

Press Trust of India  |  New Delhi 

Dhanuka Agritech today posted 6.36 per cent jump in standalone net profit at Rs 28.58 crore for the third quarter of 2017-18 financial year.

Net profit in the year-ago period stood at Rs 26.87 crore, the company said in a regulatory filing.

Net income declined to Rs 226.13 crore from Rs 242.75 crore in the year-ago quarter.

Expenses however remained lower at Rs 190.08 crore as against Rs 205.12 crore.

This growth is not as per expectation and the management shall take regular endeavours to register more growth rate in future," Managing Director M K Dhanuka said.

The Board has declared interim dividend of Rs 2 per share, which will be paid within 30 days of declaration.

Shares of the company fell 4.24 per cent to settle at Rs 665.95

a piece on BSE today.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Wed, February 14 2018. 16:45 IST
RECOMMENDED FOR YOU